More than 36,000 people are now employed in the financial services sector in Northern Ireland.
Andrew Jenkins, a director of the data analytics company Arity, has been appointed as the government’s new Fintech Envoy for Northern Ireland.
Jenkins, appointed by the Economic Secretary to the Treasury, John Glen, will become the lead ambassador for Northern Ireland’s Fintech sector, promoting it as a place for firms to develop and grow their business.
“Fintech is vital to the future of financial services, and we want every corner of the UK to be able to harness its power,” Glen said.
I have no doubt that he will build on the success of the existing envoys in ensuring that we remain a world leader in Fintech and at the cutting edge of the digital revolution,” he added.
Jenkins says he will work to bring together business and civic leaders to invest in ‘leading edge’ technologies and applications, focusing on emerging capabilities in blockchain, artificial intelligence and data security, to further grow the sector in Northern Ireland.
“Our mandate as part of the UK Fintech strategy is to capitalise on what we have already have in place here in Northern Ireland. With strong government support, close collaboration between big companies and start-ups and a world class workforce, Northern Ireland has the potential to become the best place in the world to start and build a Fintech company.”
Jenkins has more than 20 years of experience in the technology sector, including the financial services, utilities, insurance, telecoms and transportation sectors. In his current role at Arity, a company founded by The Allstate Corporation, he leads work to harness mobility data to create more relevant and safer mobility experiences for everyone.
He will take over the role from Georgina O’Leary, who was appointed to the role in May 2018.
He will join the current envoys based around the UK in championing the power of Fintech: David Ferguson, CEO of Nucleus Financial, and Louise Smith, Head of Intelligent Automation at RBS (envoys for Scotland), David Duffy, CEO of CYBG (envoy for England), Chris Sier, Chairman of Fintech North (envoy for the Northern Powerhouse) Richard Theo, CEO of Wealthify (envoy for Wales).