Australian Arctic Intelligence has announced a major change in its leadership, with COO Darren Cade taking over as CEO from founder Anthony Quinn, who will become the company’s board director.
Quinn (pictured) launched the global RegTech vendor back in 2015 after noticing how financial crime could wreak havoc across financial markets. Since then, the company has become a global anti-money laundering tour de force. Now, with the rise of Covid-19, Quinn has previously told RegTech Analyst that he has noticed a growing need for solutions like his.
“This is a very exciting time to be at the centre of innovation in the financial crime risk management space and more than five years on since founding the business I remain incredibly passionate about the problems Arctic is trying to solve and am very proud of the teams achievements in helping our clients strengthen their defences against financial crime,” Quinn said.
“The board and I are delighted that Darren has taken up the CEO role and having known and worked with Darren for more than 15 years, I am confident that he will do an outstanding job in leading the team and driving the business forward to even greater achievements in the future.”
Cade has been with the company as COO for four years, during which he has led the product, technology, finance and customer service teams. Previously to joining the RegTech, Cade clocked up two decades’ worth of experience in the risk management field in roles at Macquarie Bank, Deloitte and EY.
“I’m excited by the opportunity ahead for Arctic and to help our customers tackle financial crime in a smarter way,” Cade said. “We have a fantastic team and technology foundation to build on, to tackle this global challenge. Our immediate focus will be scaling growth in the UK, North America and our home market of Australia.”
Headquartered in Sydney, Australia, Arctic Intelligence is a privately owned, globally focussed RegTech firm that specialises in financial crime risk assessment technology.
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