London, November 2017 – Redington, the leading independent investment consultant, has appointed Altus Consulting’s Adam Jones to the newly created role of Chief Technology Officer (CTO), as it looks to further harness the power of digital innovation for the benefit of the business and its clients.
Jones worked at Altus Consulting for five years as Head of Innovation, where his client base included retail banks, fund managers, life companies and investment platforms. Prior to that, he worked at leading technology provider FNZ as a Solutions Architect and Business Analyst.
Reporting directly to Mitesh Sheth, Jones will be responsible for charting Redington’s technology strategy and for driving digital innovation to leverage the business’ intellectual property as efficiently and effectively as possible while also allowing it to continue to deliver the exceptional client service it has become known for.
News of the appointment comes on the back of another record year for Redington, during which it saw assets under consulting (AuC) pass £368bn and total revenue increase 26% to £14.97m. The business also made a strategic decision to cap its employee headcount at 200 and moved to a new state-of-the-art office in central London with this decision very much in mind.
Commenting on the newly created role and appointment Mitesh Sheth, CEO, Redington said: “Leading edge technology and digital innovation has a central role to play in the future growth and development of the business and our mission to make 100 million people around the world financially secure. The creation of this new CTO role is a key part of that strategy and in Adam I believe we have found the right person to fill it. He is a proven team leader with a track record of driving innovation and developing deployable products and will be a welcome addition to the Redington team.”
Commenting on the role Adam Jones said “I have been a fan of Redington’s approach for a long time, so the opportunity to work with Mitesh and the team to shape a new technology enabled future for the business is incredibly exciting. There is already a fantastic technology team in place who are passionate about delivering the best service for the business and its customers. I’m really looking forward to working with them to help the firm achieve its goal of making 100 million people financially secure.”