RTGS Global names Jarrad Hubble as permanent CEO after leadership changes

Cross-border payments platform RTGS Global has confirmed that Jarrad Hubble will remain as permanent CEO following his interim appointment in February.

The promotion comes after Hubble stepped up from chief commercial officer to CEO following the departure of Dave Sissens who left RTGS for personal reasons.

At the same time, RTGS has also appointed Marcus Treacher as executive chair taking over from Stan Spavold, who will remain on the board.

“RTGS.global's unique solution can fundamentally change the way money moves around the world, solving the underlying settlement problems that have held back improvement for so long,” said Treacher on his appointment. 

“It’s imperative that we fundamentally re-wire the foundations upon which money moves, and create a better model that serves communities, banks, companies and governments enabling them to benefit more fully from today’s rapidly moving global digital economy.”

RTGS Global is working to completely overhaul the legacy systems of correspondent banking, many of which still rely on manual processing, instead allowing commercial and central banks to settle transactions in real time.

The company was co-founded by Nick Ogden in 2019, and over the past months has expanded into the Americas and Asia Pacific regions to engage with central and commercial banks.