Manchester’s RegTech firm, RiskSmart, brings on industry leaders.
- Derek Steele and Jennifer Geary join the board, marking a significant expansion move.
- RiskSmart has seen its customer base more than double in the past year, including big names like ASOS and Allica Bank.
- The new board members will focus on scaling and enhancing governance and compliance.
- RiskSmart aims for global expansion, leveraging new expertise in risk management.
In a significant development, Manchester’s RegTech company, RiskSmart, has made strategic additions to its board by appointing Derek Steele and Jennifer Geary. These appointments align with the company’s rapid growth trajectory, which has witnessed its customer base more than double over the past 12 months. RiskSmart’s clientele now boasts prominent entities such as ASOS, Allica Bank, and the global law firm DLA Piper.
Derek Steele, the founder and former CEO of Mobysoft, brings a wealth of experience from transforming a startup into a successful £10 million ARR SaaS company. Known for his leadership in the tech industry, Steele managed a minority sale to Livingbridge in 2017 and significantly increased the company’s valuation before stepping down after a major sale in 2020. He continues to influence the business world as an advisor and board member.
Jennifer Geary complements this expertise with over 25 years in leadership, particularly in managing director, COO, and CRO roles. Her career has been marked by significant stints in financial services and non-profits, including her role at Save The Children. Geary is also an accomplished author, having penned the book “How to be a Chief Operating Officer,” which reflects her extensive experience in operational leadership.
At RiskSmart, Steele and Geary’s expertise will be pivotal in enhancing the company’s capabilities in scaling SaaS operations, governance, regulatory compliance, and risk management. The company’s Founder, Ryan Swann, expressed optimism, noting their experience in driving growth and building effective SaaS solutions will be essential for furthering RiskSmart’s global mission.
Geary shared her excitement about joining RiskSmart during a critical phase of its journey, emphasizing the alignment of her vision with the company’s innovative approach to risk management. Similarly, Steele conveyed his enthusiasm for contributing to a company that is revolutionizing risk management with its straightforward yet effective solutions.
With its new leadership, RiskSmart is well-positioned for continued innovation and international growth.
