Compliance software provider NorthRow has promoted Adam Holden to chief executive, to lead the company’s ambitious growth plans.
He replaces Adrian Black who retired from the business last month.
Holden joined NorthRow in 2018 as chief financial officer. NorthRow said that Holden has been instrumental in securing additional investment over the past 18 months to enable the company to scale its operations.
NorthRow helps businesses – including lenders – to manage regulatory and financial crime risks by improving their onboarding processes and client due diligence.
Holden has over 20 years in leadership roles, NorthRow said, across fintech and traditional financial services firms including Tandem Bank, Lombard Asset Finance and RBS.
In his new role, Holden will be responsible for continuing the expansion of NorthRow’s customer base while establishing the NorthRow brand as the industry-leading client due diligence solution for regulated firms.
“The board and the executive team are delighted that Adam has taken up the role of chief executive,” said Andrew Doyle, Executive Chair of NorthRow.
“With his deep financial expertise, combined with his operational experience and strong customer focus we are confident that Adam has the focus, ability and ambition to continue to accelerate NorthRow’s growth.”
Holden heralded the progress and results achieved by NorthRow’s “highly talented team” under the direction of the previous chief executive.
“Thanks to Adrian’s leadership and vision we now have a strong foundation on which to deliver an ambitious growth trajectory,” he added. “We have a clear focus on our product roadmap and increased engagement with our diverse customer base. I’m excited to lead the team on the next stage of its strategic development journey.”
Read more: Regulation special report