Augentius Compliance has named Andrew Shrimpton as its chairman.
The appointment comes as Augentius experienced another year of strong growth in its regulatory compliance business.
Previously, Shrimpton has held roles including global head of compliance and Kinetic Partners and managing director at Duff and Phelps.
Commenting on his new role, Shrimpton said: “In an ever-expanding universe of complex rules and directives, including the imminent General Data Protection Regulation, it is a huge challenge for managers to keep abreast of the constant change.”
“They need assistance from experts who truly understand their business, creating a significant opportunity for Augentius to ease the pressure for managers with its tailored outsourced solutions and premium client service. I am thrilled to be joining the business at a pivotal time in its growth.”
Ian Kelly, CEO, Augentius Group, added: “We are delighted to have Andrew Shrimpton on board. With over 30 years of experience in the investment management industry as not only a compliance director but as a regulator, his deep industry knowledge and skill set make him perfectly placed to chair our compliance business as we build on our year on year success.”
Kelly added: “We are broadening our relationships with clients because we understand how managers work and what is important to them. We give managers the ability to focus on their core job, safe in the knowledge that our consistently high-quality solutions ensure complete compliance.”
