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NETeller in Asia Sees Changes

NETeller is a business that operates as a part of the online casino gambling industry.  In order to successfully gamble funds online, players use what is called an “e-wallet.”  The e-wallet is then used almost like a bank account.  Players use their e-wallet accounts to pay for gambling debts, and conversely, to cash-in on their online casino winnings.

NETeller recently announced that Dale Johnson will be stepping down from his position as Executive Director.  Johnson has been a part of NETeller’s online casino gambling endeavors in Asia for the last three years, however now he is retiring from his previous position.  Luckily for NETeller though, Johnson has plans to remain on NETeller’s Board as a consultant. 

Johnson was a significant part of NETeller’s Asia Pacific team and his skills as a highly experienced businessman will be missed.  That does not, however, mean that  Joyce Wong, Johnson’s replacement is under-qualified.  Wong is in fact both the Vice President and General Manager of NETeller Asia Pacific, and she will merely be stepping up her job by taking on some of Johnson’s previous responsibilities.

NETeller issued the following press release recently regarding Johnson’s retirement.

Over the past one and a half years, Dale and the regional team have extended the group’s products and services in Asia into higher value added activities and new markets.  NETeller's Asian business has become consistently profitable and is firmly established as one of the largest independent e-money transfer providers in the region…
 
Asia is the fastest growing region within NETeller’s business, in large part due to implementing new channel and pricing strategies, and new payment options, in markets such as Japan, China and Australia. NETeller is also energetically examining emerging markets with increasing potential such as Taiwan and Philippines. The ability to leverage NETeller’s extensive resources and experience provides a strong foundation for success in Asia…
 
The Board looks forward to Dale’s continuing contribution as a non-executive director. In addition, Dale will continue to assist the NETeller group in a consultancy role on a number of strategic planning initiatives which the group is currently progressing.