On-line investing and financial savings service Wealthify introduces its new Chief Govt Officer Richard Ambrose.
Ambrose will succeed Andy Russell, who has served as CEO of the corporate for the previous 4 years.
Wealthify made its Finovate debut at FinovateEurope in London in 2017.
U.Okay.-based on-line investing and saving platform Wealthify has appointed Richard Ambrose as its new Chief Govt Officer. Ambrose replaces Andy Russell, who had served as CEO of the corporate for the reason that summer time of 2020.
“It’s been a privilege to guide Wealthify during the last 4 years,” outgoing CEO Andy Russell mentioned. “I’m very happy with our purpose-driven technique, our tradition of accessibility and high quality, and the ensuing development we’ve achieved throughout this time.”
Most not too long ago Common Supervisor (GM) of Funds at Papaya International, Richard Ambrose labored as CEO of Azimo for greater than three years from 2019 to 2023. Earlier than his appointment as Azimo CEO, Ambrose had been the corporate’s Chief Working Officer for 2 years. He additionally held quite a few roles throughout his practically six-year tenure at PayPal, becoming a member of the corporate as Advertising Director for the U.Okay. in 2011 and finally turning into Senior Director, Chief of Workers, EMEA.
“I’m thrilled to affix Wealthify as CEO,” Ambrose mentioned in an announcement. “Its mission to make investing extra reasonably priced and accessible for everybody is in one of the best traditions of fintech. Wealthify has constructed some nice expertise, and I’m proud to be becoming a member of its good crew.”
Wealthify is devoted to utilizing expertise to democratize investing. The corporate affords a variety of funding and financial savings options, from ISAs, GIAs, and SIPPs to an on the spot entry financial savings account. Prospects can open investing accounts for as little as £1 (£50 for pensions), and handle their funds by way of the Wealthify app or web site. Wealthify makes use of passive funding automobiles equivalent to mutual funds and exchange-traded funds (ETFs) to construct completely different funding plans based mostly on the investor’s threat tolerance. Starting from “Cautious” to “Bold,” Wealthify additionally affords “Moral” variations of every plan that use destructive screening to exclude firms from industries equivalent to tobacco, weapons, and playing, in addition to optimistic screening to incorporate companies which have demonstrated a dedication to company ethics, social justice, and/or sustainability.
Based in 2014, Wealthify made its Finovate debut in 2017 at FinovateEurope in London. Wealthify started this yr partnering with ClearBank, which now serves because the embedded banking accomplice for the corporate’s financial savings product.
Picture by Scott Webb
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