Napier appoints Andy Maguire, former HSBC COO, as new chairman
Napier, a provider of advanced financial crime compliance solutions, has announced that former HSBC COO Andy Maguire will take the helm as chairman of the board of the growing RegTech.
Andy has worked with Napier in an advisory role since February of this year and is now elected to fully chair the board as the company enters a new phase of growth. Andy has over 30 years of experience in the international financial industry and is currently Chairman of the BCG Banking Practice, Chairman of Thought Machine and a member of the Board of Directors of AIB.
Julian Dixon, Founder and CEO of Napier, said: “One of the early adopters of digital transformation in banking, Andy’s experience is simply second to none when it comes to understanding financial crime and risk. operational globally. Since he joined us in February, we have benefited from his wealth of knowledge and advice. I am delighted that we can leverage more of his greater involvement in the company as President to move forward. “
As the supplier of choice for over 200 customers, including leading banks, payment providers, currency, cryptocurrency and other financial institutions, such as Dow Jones, Australia Post and Refinitiv, Napier doubled its annual revenues in 2020 by providing its platforms for smart compliance to the fight against money laundering and financial crime.
Napier’s board also includes former Deutsche Bank chief technology officer Neil Smith, as well as Big Ideas Group main partners Rosa Howard and its founder Sebastian Gray, while Wall Street veteran John Neary and former PwC partner John Barnsley sit on the global board. the roles.
Andy commented, “From the bottom up, Napier’s talent is the real driving force behind this growing RegTech. I am honored to be elected President and to be able to work so closely alongside a management team who know this industry inside out and, most importantly, know how to win. With such a robust and scalable solution at our disposal, our mission now is to continue to improve the compliance capabilities of organizations around the world that fight financial crime. “