FORMER HSBC COO ANDY MAGUIRE IS NAPIER NEW CHAIR

KUALA LUMPUR, Oct 27 (Bernama) -- Napier, provider of advanced anti-financial crime compliance solutions, has announced former HSBC Chief Operations Officer, Andy Maguire, will take the helm as Board Chair for the fast-growing RegTech.

Maguire has been working with Napier in an advisory role since February and is now elected to preside over the Board in full as the company moves into a new phase of growth.

He has over 30 years’ experience in the international finance sector and is currently Chair of the BCG Banking Practice, Chair of Thought Machine and Board Member at AIB.

In a statement, founder and CEO at Napier, Julian Dixon said: “An early adopter of digital transformation in the banking sector, Andy’s experience is simply incomparable when it comes to understanding financial crime and operational risks on a global scale.

“Ever since he joined us in February, we’ve been benefitting from his vast wealth of knowledge and guidance. I am delighted that we stand to leverage so much more from his greater involvement in the business as its Chair moving forward.”

Napier’s Board of Directors also includes Deutsche Bank’s former technology COO, Neil Smith, as well as senior partners from Big Ideas Group, Rosa Howard and its founder Sebastian Gray, while Wall Street veteran John Neary and ex-PwC partner John Barnsley sit in global advisory roles.

Maguire said: “From the bottom up, the talent at Napier is the true driving force of this rapidly expanding RegTech.

“I am honoured to be elected Chair and to be able to work so closely alongside a leadership team that knows this industry inside out and, importantly, knows how to win.”

As provider of choice to over 200 clients including tier one banks, payment providers, FX, crypto and other financial institutions, such as Dow Jones, Australia Post and Refinitiv, Napier doubled its annual revenues in 2020 by providing its award-winning AI-enhanced platform for intelligent AML and financial crime compliance.

-- BERNAMA