Money transfer firm Wise says CFO Briers to step down in 2024

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Wise logo is seen on a smartphone in front of a displayed detail of the same logo

(Reuters) - UK-based money-transfer firm Wise Plc said on Monday its Chief Financial Officer Matthew Briers would step down from the role in March next year to focus on recovering from a biking accident in 2022.

"I returned back to work at Wise after a quite horrible accident... and so, with this in mind, my focus will shift to making a full recovery," Briers said in a statement, adding that he would help support the company's transition as it searches for a replacement.

Wise said the search for a new CFO in place of Briers - who has been CFO for about eight years - will start immediately.

(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Nivedita Bhattacharjee)