By Modupe Gbadeyanka
The co-founder and former Chief Operating Officer (COO) of Finverity, Mr Alex Fenechiu, has taken over as the Chief Revenue Officer (CRO) of the organisation.
A statement from the firm on Wednesday said Ms Symmie Swil is the new COO and would be expected to provide the company with operational excellence with her impressive track record in business banking.
It was disclosed that her promotion was in recognition of her invaluable contribution as Head of Operations since joining Finverity in 2023.
She has an impressive history of driving significant growth, whilst instilling operational excellence, notably expanding Starling Bank’s business accounts from 150,000 to 430,000 in 18 months.
Since joining Finverity in early 2023, she has been instrumental in building scalable business operations and playing a crucial role in fundraising and financial planning and analysis.
It was stated that these executive changes strengthen Finverity’s leadership team, reinforcing its commitment to operational excellence and robust growth.
The company added that the appointments are critical in ensuring its readiness for scaling and meeting the demands of a rapidly evolving market, particularly as it prepares for the launch of FinverityOS 2.0.
“I am honoured to step into the role of COO at Finverity. I am excited to work closely with Alex and the rest of the team to deliver scalable growth and transform access to supply chain finance.
“I’m looking forward to using my strategy and operational experience from banking and fintech to ensure we can meet our ambitious goals and deliver exceptional service for our clients,” Ms Swil commented on her appointment.
As for Mr Fenechiu, he is expected to focus on driving revenue growth, leveraging his deep understanding of the business and its operations.
“This strategic shift for Symmie and myself is about placing the right people in the right roles to drive Finverity forward. Working with Symmie has been incredible since the day she joined. She is the ideal COO due to her deep understanding of our tech and offerings as well as the complex landscape of banking trade operations.
“Meanwhile, my focus on revenue generation as CRO will hopefully propel us closer towards our ambitious goals of market leaders in SCF solutions,” he stated.
