We are delighted to announce the appointment of Nick Baker as the firm’s new Chairman. Nick is taking over the position from Marcus Sephton, who has been in the role since 2020.
Nick brings 25 years of global strategic consulting and FinTech experience across financial services. Notably he co-founded Alpha Financial Markets Consulting (Alpha FMC), a specialist global investment management consultancy firm, where he spent 15-years as an executive director and then senior adviser. Nick played a pivotal role in the company’s global expansion from inception to its IPO on the London AIM in 2017. He also spearheaded the company’s corporate M&A activity, resulting in the successful acquisitions of numerous consultancy firms. Prior FinTech experience includes his position as CEO of Alpha FMC’s specialist software division (now branded Aiviq), senior adviser at compliance/risk software provider Catelas Inc, and non-executive director at Dragonfly, a test consultancy, recruitment and AI software provider. He also chairs Amplify Trading, a financial markets education software firm, White Marble Consulting, a marketing consultancy to the asset and wealth management industries, and MAIA Technology, a software vendor providing a holistic asset management front-to-back office platform.
Nick’s appointment highlights Novatus’ continued commitment to growth and international expansion. This appointment follows the 2022 investment from Maven Capital Partners, to help Novatus Global achieve its growth ambitions in both its technology and advisory solutions.
Andrew Hedley, Partner and co-founder of Novatus Global, said:
“On behalf of the Board, I would like to thank Marcus for the significant role he played in the firm’s growth over the past three years. We are delighted to welcome Nick to the team, whose experience will be invaluable as we continue developing and providing best-in-class RegTech solutions and bespoke advisory services for our clients.”
Matthew Ranson, Partner and co-founder of Novatus Global, added:
“Nick brings a wealth of experience after having successfully co-founded an advisory firm and been instrumental in its global expansion and IPO. With our global market estimated at around £20bn per annum, we are well positioned to take advantage of significant growth opportunities. We look forward to working with him to deliver on our ambitious growth and international expansion strategy.”
Nick Baker, Incoming Chairman, commented:
“I am very impressed by the Novatus Global team and by what they have achieved since their inception. I am excited by the firm’s potential, and I look forward to working with Andrew, Matthew and the team to continue to deliver market leading solutions to our clients, as well as accelerating the growth of the business internationally.”