CrowdBnk, a UK-based equity crowdfunding platform, has hired former Treasury Minister, Ian Pearson, as its new chairman, replacing Rob Taylor.
Taylor has left the firm following his appointment as head of wealth management and private banking at the Financial Conduct Authority (FCA), according to UK Business Angels Association.
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Prior to joining CrowdBnk, Pearson worked in strategy and business development for major organisations and is currently a member of the Advisory Board of PwC, chairman of OVCT2, and a senior adviser to Avanti and GK Strategy.
During his time in government as a Minister, Pearson was responsible for a wide range of economic and financial issues, science and research funding, as well as board level interaction across key sectors of the UK economy including banking, energy and renewables, space, automotive and engineering.
Earlier to this, he served as non-executive director of GLE Capital and was joint-CEO of WMEB Group, which provided venture and growth capital to small and medium sized companies and consultancy to a range of public and private clients.
Ayan Mitra, CEO of CrowdBnk, said: "Rob has played a crucial role in the establishment of CrowdBnk’s strong corporate governance and due diligence processes in order to bring quality equity investment opportunities to the broadest range of appropriate UK-based investors.
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By GlobalData"Ian’s experience of operating in senior roles within government, as well as his broad knowledge of both strategy and business development in international companies, makes him perfectly placed to take over from Rob to further grow and develop our platform," he added.
Pearson said: "CrowdBnk’s ethos of providing quality investments to the widest range of appropriate investors offers real choice for small businesses seeking funding and I believe we have a key role to play in shaping the future of the crowdfunding industry."
