Napier recently announced that it has hired Andy Mcguire as its new Chairman and will take the helm for this fast-growing RegTech.
Recently announced in an official press release, Andy Mcguire, an executive veteran with more than thirty years of experience from the Fintech sector, has been named by Napier, the world’s first end-to-end intelligent compliance platform and a provider of advanced anti-financial crime compliance solutions, as its new Chairman.
In February 2021, McGuire began working with Napier in an advisory capacity. Presently, the company has appointed him to preside over its Board as it moves into a new stage of growth.
Moreover, McGuire brings more than three decades of international experience from the fintech sector. Presently, he presides as Chairman of the BCG Banking Practice, Chairman of Thought Machine and a Board Member at AIB.
Previously, Napier doubled its annual revenue in 2020 by providing its award-winning AI-enhanced platform for intelligent AML and financial crime compliance. It now services over 200 clients including tier one banks, payment providers, FX, crypto and other financial institutions, such as Dow Jones, Australia Post and Refinitiv.
McGuire’s Background
Prior to joining the ranks of Napier, McGuire served HSBC Holdings as its Group Chief Operating Officer. For more than five and a half years, he successfully fulfilled the requirements of the role.
Earlier on at The Boston Consulting Group, he spent a large part of his career as the Senior Partner and Managing Director. Based in London, he triumphed as he served the company for a good sixteen years.
Before that, he spent a year with AT Kearney as its Principal. Also, McGuire’s earliest known positions were with The MAC Group and Gemini Consulting as a Principal for both companies. He held on to these two positions simultaneously from 1994 to 1997.
Financial Crime and Operational Risks
Julian Dixon, Founder and CEO at Napier, 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.”
“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. With such a robust and future-proofed solution at our hands, our mission now is to continue levelling up the compliance capabilities for organisations around the world combatting financial crime,” McGuire added.
