DACXI ANNOUNCES MAJOR RESTRUCTURE TO UK BOARD

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  • Banking industry heavyweights join the board of pioneering crypto fintech
  • Renowned Treasury Risk Management Specialist appointed as Chair
  • Former RBS Group Head of Global Innovation and principal advisor at KPMG Advisory appointed Non-Exec Director.

Dacxi, the globally renowned crypto wealth platform, has announced two senior appointments who join a newly created board in the UK. As part of the scaling up of the business, the board will be charged with aligning Dacxi’s governance and reporting requirements ahead of its planned public listing next year.

Joining Dacxi are Ian Tyler, the firm’s new chairman, and Jeremy Larsson as non-executive director.

Ian Tyler brings over 35 years’ banking experience to Dacxi working in all areas of treasury risk management and by 2006 was leading a team of 50 treasury professionals as the Head of Non-Trading Market Risk in RBS.

In 2007, he led the treasury work-stream for three banks (RBS, Santander and Fortis) on the ABN AMRO acquisition and the following year was seconded to Tesco to help them achieve change of control approval from the FSA and thus buy out RBS’s 50% equity stake in Tesco Bank.

Following further spells at Deloitte and then with Alvarez and Marsal, Ian moved into fintech with various Non-Executive Director roles at various fintech firms including Treasury Spring, Gain Capital UK Limited and Makaris Strategies.

Earlier this year, he became Senior Advisor to NPL Markets,  a London based fintech looking to transform the loan portfolio sales process.

In his roles as Chair at Dacxi, Ian, will be responsible for the governance and oversight of the business across the UK and Eire.

He comments:

“I’m delighted to be joining Dacxi as Chairman. I’m truly excited by the plans for the business and the exceptional potential that will spearhead the exponential growth over the next few years that will catapult crypto wealth creation further into the mainstream, with Dacxi driving that agenda.”

Also, joining the new Dacxi board is Jeremy Larsson as non-executive director. Jeremy is Managing Director of GrowthSmart Consulting Limited and a Lecturer and Fellow at the London Institute of Banking and Finance.

He brings almost 25 years’ experience in disruptive retail financial services across FCA regulated industries, and currently holds several non-executive director positions with FinTech, WealthTech and eCommerce Platform businesses.

Most recently, he was the UK General Manager of CurrencyFair – a fintech platform which was the first in the world to break the $1 billion barrier in money-matching transfers.

Jeremy was also the founder of The Telegraph Financial Services and head of Product and Commercial at John Lewis Finance. Other senior positions that Jeremy held include Head of strategy, Proposition & Innovation at Sunlife, Global Head of Innovation at RBS Group and Principal Advisor at KPMG Advisory and Principal Consultant for Group Strategy at Barclays Bank plc

He comments:

“Dacxi is a true Cryptocurrency and Wealth-Tech pioneer and has created a distinctive proposition which already appeals to tens of thousands of customers globally in little over three years since its foundation.

These early adopters saw Ed Ludbrook’s vision of crypto wealth creation as a transformative measure of financial empowerment. I’m honoured to have been asked to help guide the business on its journey to the next level.”

Katharine Wooller, managing director, Dacxi UK & Eire comments,

“We are truly delighted to announce the appointments of Ian and Jeremy to the board. It speaks volumes for the business that we have grown over the last three years that we are able to attract people of their calibre and we look forward to their strategic insight in helping us to follow our business growth developmental plan.

These are game-changer appointments for us, with so many exciting plans for this year and next which we know will help change the face of the crypto wealth creation industry.”

As part of this development, Dacxi’s founder, New Zealand-based Ed Ludbrook, will step down as a Director of the UK operation. He stated that the Crypto Wealth sector in the UK is a new GBP100bn niche which requires total UK control in order to instil confidence and productivity.

“I am thrilled to pass control to such a talented Board who will deliver the governance and strategic acumen that will allow Dacxi to deliver its vision of people embracing crypto-assets as an investable asset class for long term wealth-building.”, he said.

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