By: 3 May 2024

Stuart Barnard will make the step up from vice president

UK regtech Encompass Corporation has promoted Stuart Barnard, vice president of finance and business operations, to the position of chief financial officer (CFO).

Effective this month, Barnard will take ultimate responsibility for the know your customer (KYC) solution provider’s global finance and business operations in the newly created position. He will also lead the firm’s legal, finance, people, revenue operations, IT and information security functions.

Barnard joined Encompass in 2016 as head of finance at its division in Sydney, Australia. He then moved to the company’s London office in late 2018 to assume the position of vice president of finance, before moving to his most recent role in December 2022.

Barnard said: “I am delighted to continue what has been a remarkable journey at Encompass by taking up the role of chief financial officer. It has been a privilege to be part of establishing the organization as a global leader, with the foundations in place to continue to go from strength to strength, supported by a first-class team and innovation. It is a truly exciting time, and we are well placed to continue to flourish as a top player in the market, fueled by our focus on unlocking the benefits of CDI for our customers.”

Wayne Johnson, co-founder and chief executive officer of Encompass Corporation, said: “Stuart has been instrumental to the success of Encompass, from the early days until now, as we have developed our offering, operations and culture – all of which have allowed us to scale internationally. His knowledge, expertise, and business acumen have been vital to ensuring Encompass remains ahead of the curve, and the diverse, high-performing talent that he has brought into his teams has been central to not only how we operate on a daily basis, but to instilling the values that we pride ourselves on as a forward-thinking employer that enables individuals to thrive.”

Related news: we spoke to Howard Wimpory, know your customer (KYC) transformation director at Encompass

Image: Encompass Corporation

Robert Welbourn
Robert Welbourn is an experienced financial writer. He has worked for a number of high street banks and trading platforms. He's also a published author and freelance writer and editor.