Bankable Adds Ex-Credit Suisse Director Richo Strydom as COO

Bankable, an enabler of global payment solutions, has announced the appointment of Richo Strydom as its new Chief Operating Officer.

Strydom, a seasoned financial technology industry executive, brings with him over 16 years experience, most recently as Chief Technology Officer for Solutions and Risk at Credit Suisse where he was responsible for technology strategy, governance and operational risk.

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Strydom previously held several senior technology management roles at Deutsche Bank, working within the Investment Banking division and delivering Risk and P&L technology across Credit, Rates, Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term and Emerging Markets. He eventually moved on to become CTO for Global Wealth Solutions.

Prior to Deutsche Bank, Strydom was CTO and Deputy Managing Director of Valtech Ltd, a technology consultancy co-founded by Bankable’s founder and CEO, Eric Mouilleron.

Commenting on the appointment, Mouilleron said: “It is a pleasure to be working with Richo again. Richo has built and scaled teams globally. He has delivered enterprise scale software solutions within the finance industry, media and the UK Government. As Bankable is experiencing exponential growth, Richo’s contribution will be integral to Bankable’s future success.”

As COO, Strydom will be responsible for business operations, product development, architecture and implementation. His initial focus will be supporting Bankable’s growth by expanding the team and developing a scalable and flexible delivery organisation of highly skilled resources to meet the diverse requirements of Bankable’s targeted industry verticals.