Fiona Richards Joins PrimaryBid as Chief Operating Officer

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Fiona Richards Joins PrimaryBid as Chief Operating Officer

<p>PrimaryBid,
a fintech company from the capital markets industry, has appointed Fiona
Richards as the new Chief Operating Officer (COO). She brings over 25 years of
financial markets experience gained from the biggest investment banking brands
in the world.</p><p>PrimaryBid
Appoints new COO</p><p>Before
joining PrimaryBid, Richards was associated with Rowan Dartington, where she
also served as COO. Her career in finance began in 1997, when she joined
Accenture, and then moved to UBS. In the following years, she worked at HSBC and
Deutsche Bank, where she first proved herself in the role of Chief Operating Officer in
2017-2018.</p><p>"I
have joined a company with a very exciting future. PrimaryBid's track record to
this point speaks for itself, and I look forward to supporting the continued
build-out of the company as we expand geographically and across a deeper
product set," she commented in the written statement.</p><p>Richards
will join PrimaryBid's executive team in London, reporting directly to Anand
Sambasivan, the company's CEO. Her responsibilities will primarily include
strategic planning and global business operations.</p><p>"We
are thrilled to welcome Fiona to PrimaryBid. She is an industry veteran,
bringing highly relevant experience at an exciting time in our company's
growth," Sambasivan said.</p><p>Check the recent FMLS22 session on creating real access to the capital markets.</p><p>PrimaryBid
Bets on Strengthening its Team</p><p>PrimaryBid
was founded in 2016 in London as a platform that facilitates private investors'
access to public companies' fundraisings. The company seeks to ensure that individual
investors get access to deals at the same time and at the same price as
institutional investors.</p><p>In 2019,
the company signed an agreement with the London <a href="https://www.financemagnates.com/terms/s/stock-exchange/" class="terms__secondary-term" id="76d5dc1c-865d-49be-9e84-126258dff377" target="_blank">Stock Exchange</a> and created an
infrastructure that expands access to IPOs, follow-on equity capital increases
and secondary block sales.</p><p>The company
has focused on strengthening its team around key areas of its business in
recent months, responding to increasing regulatory scrutiny of the industry and
worse financing for startups and companies in late 2022.</p><p><a href="https://www.financemagnates.com/terms/f/fintech/" class="terms__main-term" id="891edcf3-475e-45f3-a8b8-3ba2e7d37339" target="_blank">Fintech</a> <a href="https://www.financemagnates.com/fintech/changes-in-fintech-the-4-greatest-challenges/" target="_blank" rel="follow">funding</a> across Europe and Asia slumped visibly in 2022, according to the newest
industry data from Innovative finance. According to the data, global support
for the industry shrank by about 30% to $95 billion.</p>

This article was written by Damian Chmiel at www.financemagnates.com.

Source: Fiona Richards Joins PrimaryBid as Chief Operating Officer