Identitii has appointed John Rayment as the new CEO, while former CEO and co-founder Nick Armstrong takes on the role of chair.
Prior to his new role, Rayment held global board and executive roles with Travelex, where he led the sales and delivery of forex solutions to financial institutions and corporations.
Commenting on his appointment, Rayment said: “Having solved problems for financial institutions across the globe, I understand what Identitii’s customers are looking for and how to progress these solutions through the process.”
He added: “I’m therefore very optimistic about the future, even in light of the global COVID-19 crisis. To ensure we continue delivering for our existing clients and remain heavily focused on our business development agenda, we are already making significant cost-base reductions.”
Additionally, Steve James has joined Identitii’s board and the non-executive director.
James brings experience working with and in financial services organisations.
He has previously held senior leadership and board positions at multiple public and private organisations, including the Commonwealth Bank of Australia, CommSec, Aston Consulting, Motorcycling Australia and Seer Asset Management.
Identitii stated that James’ appointment will bring “valuable insight to the company around investor relations, customer engagement and overall product value, among other things”.
