14th May 2018

Crown Agents Bank appoints Richard Weald as its new CTO

 Richard Weald

London - Crown Agents Bank has appointed Richard Weald as its new Chief Technology Officer. Weald will oversee the Bank’s use of technology to align and enhance operational processes, client due-diligence and on-boarding, risk management, and further enhance Crown Agents Bank’s product strategy.

Weald brings over 20 years of financial markets expertise and technological know-how to the Bank. He joins from Earthport, a provider of foreign exchange and cross-border payment services, where he served as Global Head of IT Operations & Information Security. Weald previously held a number of senior positions within Technology and Information Security at Newedge, a global multi-asset brokerage, wholly acquired by Société Générale in 2014. At both organisations, Weald implemented technology transformation programmes to accommodate rapid high-volume growth whilst enhancing resiliency and control frame-works.

“My first task will be to ensure that the Bank presses on successfully with its technology initiatives and programmes,” says Weald. “I also look forward to outlining a long-term technology roadmap for delivering the digital processes and solutions our stakeholders and customers require. Developing technological resilience is the key – that means both building the Bank’s own capacity whilst ensuring we partner with the right technology driven organisations.”

Crown Agents Bank’s CEO Albert Maasland comments: “We’re a 200-year-old bank that is looking more and more like a fintech. Over the past year, we have put in place cutting-edge technology that allows us to offer currencies and FX payments in and out of a range of frontier and emerging markets quickly and efficiently. Now, with Richard’s expertise, we can improve the customer experience yet further, grow volumes, and improve operational efficiency and compliance procedures.”

  

Back to news