Luke McKeever, former CEO of e-invoicing network OB10, has quit his executive position at Tungsten, which acquired OB10 for £99 million in October last year.
McKeever's departure comes as the new company completes the first phase of its programme to integrate OB10's e-invoicing network with new spend analytics tools from @UK PLC and preps the links to third party finance providers and the (soon-to-be) freshly minted Tungsten Bank.
In a statement, the company says McKeever left his role as executive director by "mutual and amicable agreement".
His managerial responsibilities will be assumed by Tungsten founder Edi Truell and newly-appointed COO Lincoln Jopp.
Tungsten has also named Charles Bryant, co-chairman of the European E-invoicing Service Providers Association, to a new 'rainmaker' role, to work with European government bodies as they consider mandating the use of electronic invoicing in public procurement ahead of a forthcoming EU directive.