SmartPay Holdings Limited announced two changes to its board. John Nimmo will retire as Director effective 31 March 2013. After working as a consultant to company from July 2009 and subsequently being appointed a Director in December 2010, John will step down effective 31 March 2013.

Matthew Turnbull will be appointed as Director effective 1 April 2013. Matthew Turnbull is a Chartered Accountant and is a member of the New Zealand Institute of Chartered Accountants. He commenced his career with a big four accounting firm and has over 20 years experience providing accounting and corporate advisory services to a wide range of clients.

Matthew has a detailed understanding of company's business having assisted in the company's recent recapitalisation and restructure and the recent acquisition of Viaduct Limited. Matthew will Chair the Audit and Finance Committee and brings to company strong accounting and financial skills and experience. The board has determined that Matthew is an independent director for the purposes of the listing rules.