Digital ID firm Signicat names Michel van den Bogaard as CFO
Norwegian digital ID company Signicat has confirmed Michel van den Bogaard as its new chief financial officer (CFO).
Based in Rotterdam, the Netherlands, van den Bogaard says he will work to support the business as it continues its “spectacular growth”, leading a team of 35 people and reporting directly to CEO Asger Hattel.
He has 25 years of experience working for a variety of global brands and within the private equity sector.
Van den Bogaard joins Signicat from a managed cloud services provider, Sentia (now part of Accenture), where he served as group CFO for three and a half years. He also had a nine-year tenure at Shell, and spent eight years at Heineken, most recently as a director of global business control.
Speaking on van den Bogaard’s appointment, Signicat CEO Hattel explains how his “diverse background and expertise in financial management” makes him “the ideal profile” for the position.
“His proven success internationally, working with leading logos and transformative agenda, and his deep knowledge in Software-as-a-Service (SaaS), makes him a great asset to the team,” comments Hattel.
The appointment comes “in times of changes” for the company, Signicat says. It has been on an acquisition spree over the last couple of years in a bid to become a “European leader in digital identity services”. In 2021, it bought a Lithuanian signing solutions company, Dokobit; a Nordic customer authentication firm, Encap Security; and a Spanish video identity firm, Electronic Identification (eID). The following year, it acquired a UK-based anti-fraud and identity verification platform, Sphonic.