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About ACMA

ACMA comprises 30 distinct member organizations, including 25 Cash Management Companies (CMCs).

The Asia Cash Management Association brings together cash management and cash- in-transit companies across Asia, Africa, Middle East and Australia & Oceania to strengthen the role of cash as a safe, reliable, and efficient means of payment through several core areas:

  1. Strengthen Industry Credibility and Reputation

    Promote trust, professionalism, and accountability within the cash management sector to enhance public perception and reinforce the industry’s vital role in financial stability.

  2. Establish and Uphold Standards of Practice

    Define, agree, and implement a code of practice and common standards that reflect the highest levels of integrity, operational excellence, and security across the industry.

  3. Develop and Leverage Expertise

    Identify and engage leading industry experts and authoritative sources of knowledge to support evidence-based decision-making, policy development, and continuous improvement.

  4. Monitor Security Risks and Drive Mitigation Strategies

    Analyze emerging threats, trends, and vulnerabilities affecting cash security, and promote robust, region-wide risk management frameworks and mitigation practices.

  5. Represent the Industry with Authorities and Regulators

    Act as a unified voice for the cash management sector in Asia–Pacific, engaging with policymakers, regulators, and stakeholders on issues of shared interest to influence policy and regulatory outcomes.

ACMA is backed by a strong group of founding members:

  • AB Securitas - Phiroze Kevin Pestonjee
  • Currency Research - Richard Haycock
  • CPT Group - Scott Forster
  • Spearpoint Group - Ted Devereux

Office Bearers:

  • Chairman: Oscar Esteban, Prosegur
  • Executive Director: Ted Devereux, Spearpoint Group
  • Secretary: Matt Lewis, Currency Research

Committee Members

  • Executive Director - Oscar Esteban, Prosegur
  • Executive Director - Ted Devereux, Spearpoint Security Group
  • Phiroze Pestonjee, AB Securitas
  • Kesavamani Narayanan, G+D Currency Technology
  • Jorge Vega, Aegis Secure Solutions
  • Benjamin Thorpe, Glory
  • Matt Lewis, Currency Research
  • Scott Forster, CPT Group
  • Baskaran Narayanan, Brink’s
  • Iman Sujudi, PT Nawakara
  • Abdul Malek Sultan, Paynet
  • Stephan Kazes, Loomis International