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RNS Number : 7526N Tintra PLC 25 January 2023
25 January 2023
TINTRA PLC
("Tintra", the "Group" or the "Company")
Appointment of Chief Operating Officer
The board of directors (the "Board") of Tintra, the fast-growth Deep Tech
business, is pleased to announce the appointment of Paul James as Chief
Operating Officer ("COO") as the Group continues to execute its plan to build
global banking infrastructure driven by Artificial Intelligence and Natural
Language Processing tools. While this is not a Board position, the COO will
be responsible for operational rollout of the Group's ambitious strategy. In
particular, Paul's role in ensuring that the innovative technology being
developed in-house is seamlessly integrated with the Temenos banking software
and remains fully compliant with the various regulations of the multiple
jurisdictions in which the Group have authorisation, have applied for
authorisation or anticipate having authorisation in the future,.
Paul has 25 years of experience in the financial services and banking sectors
including periods at HSBC as a divisional COO and as the original COO of
Starling Bank.
During his career, he has been responsible for driving change and operational
excellence through organisations globally. Paul has operated at the executive
and senior management level of financial firms and demonstrates experience in
the management of technology and operations both strategically and
operationally. He also has delivered customer experience functions within an
operational support environment and has a strategic business development
perspective. He has significant experience in the running of critical
operations combined with the conduct and leadership.
As COO HSBC EMEA Paul led many strategic reviews to ensure the bank operated
consistently globally across all product lines. The area under his remit
included global outsourcing, security, disaster recovery and business
continuity. Paul led the review and delivery of balance sheet rationalization
across several businesses and many countries.
While at Starling Bank, Paul had a key role in the hiring for the rollout of
its services and the processes to support on boarding large numbers of new
employees in a start-up environment.
Paul James commented, "I am delighted to be joining the incredible team that
Richard Shearer has put together at Tintra and to be part of executing on this
exciting mission. Having been in financial services for a quarter of a century
I am acutely aware of the need for the product offering and solution that
Tintra is building. Having spent a number of years building business links in
Africa I look forward to bringing both my skills and my relationships to bear
as Tintra delivers on something, that if done correctly, will truly change the
way that the emerging world banks."
Richard Shearer, Tintra's CEO, said, "Our strategic growth over the past six
months has been a really magical thing to be a part of. Our conversations with
regulators and governments stretch from Southern Africa to South America and
from Singapore to Azerbaijan, where I was honoured last week to be welcomed to
a meeting with senior officials of their Central Bank.
These conversations reinforce on an almost daily basis the need for the change
we are building through our 3-Tier approach of Regulation, Artificial
Intelligence & Cultural Mapping.
The addition of Paul to the C-Level team brings a skillset and experience that
combines these broad geographies as we start to execute on government and
business side development as the technology stack begins to mature.
Whether it is visiting Davos, speaking to Government officials globally, with
funding partners or commercial operators with decades of experience like Paul,
I am constantly humbled by the support and validation that our mission
receives and maybe even more importantly validation that people are "buying
what we are selling".
Our mission is big, and our team is truly brilliant, however it is always the
best execution that wins out over ideas and concepts alone.
We are now at that part of the curve where bringing together the ideas,
relationships and inventions into a deliverable product during 2023 demands a
highly experienced doer to sit alongside the great thinkers already working so
hard at Tintra.
Paul is the ideal fit to do this, with a deep history of banking, experience
in Africa and a strong technological understanding, he covers all of our three
verticals. I welcome him today with much anticipation as he joins to take
our mission of using Artificial Intelligence to make Real Change to the next
level."
Mr James currently holds no shares in the Company.
For further information, contact:
Tintra PLC 020 3795 0421
(Communications Head)
Hannah Haffield
h.haffield@tintra.com
Website www.tintra.com
Allenby Capital Limited 020 3328 5656
(Nomad, Financial Adviser & Broker)
John Depasquale / Nick Harriss / Vivek Bhardwaj
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