In this newly created role, Richmond will be responsible for the mobilisation of IRTA operations across the globe, promoting collaboration and ensuring quality and achieving transparency in regtech.
Richmond has more than 20 years experience in regtech. He is also the founder and CEO of global regtech provider CUBE, a firm he set up in 2011.
Subas Roy, global chair of the IRTA, said: "Appointing a management team is key to the evolution of the IRTA, and to the execution of our mission and purpose. As chief executive, Ben Richmond is committed to executing the IRTA strategy internationally during its next stage of growth.”
Commenting on his appointment, Richmond said: “The IRTA is the only non-profit membership association with a mandate to build a truly global regtech ecosystem, which will benefit extensively from shared knowledge and experience.”
He added: “I am excited to be leading the team that will make this happen, and looking forward to working with individuals and established regional regtech groups to achieve common goals.”