The company is looking to create an integrated fintech ecosystem in Scotland through the provision of funding, support, infrastructure and talent that recognises and responds to the needs of all stakeholders.
David – who in December 2016 was appointed by the Treasury as one of two regional fintech envoys for Scotland – said: “It is a great privilege to have been appointed as chair of the FinTech Scotland board.
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“The country should have a bright and prosperous fintech future ahead of it and I am greatly looking forward to helping Stephen [Ingledew] and the team drive the sector forward and deliver meaningful action to help both start-ups to flourish and the more substantial financial services establishments to modernise.”
Stephen Ingledew, CEO at FinTech Scotland, added: “It was essential for us to have a highly respected fintech leader chairing our board and David – who has built one of the most successful businesses in the country, managing over £14bn on [its] wrap platform – ticked all the boxes and more.”
FinTech Scotland has also announced a number of partnerships with global enterprises which have a strong presence in Scotland.
The new partners are: Deloitte, Pinsent Masons, Dentsu Aegis Network and Sopra Steria.
“Following many conversations with a range of large firms over recent months, these strategic partners demonstrated their commitment and market leadership, which will support our aspirations and plans,” said Stephen.
“We are currently in discussions with a view to confirming additional strategic partners in the coming weeks.”
The new partners will join Scottish Enterprise and Edinburgh University on FinTech Scotland’s board.