Julian Dixon is to step aside as CEO of RegTech Napier and take up a role on the company’s board.

The global compliance platform, which provides AI-powered financial crime risk management solutions, said current COO Greg Watson (pictured) will become CEO with immediate effect.

Watson performed roles at Fenergo, HSBC and UBS prior to joining London-based Napier in 2020.

“Greg’s an outstanding candidate for the position. His experience and understanding of our products and clients is exemplary, as is his commitment to making Napier the pre-eminent provider of AI-enhanced financial crime risk management software,” said Dixon.

“I’m looking forward to seeing him take the company from strength to strength.”

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Following a period of aggressive expansion, Napier has presence in key financial hubs across the globe including North America, UK, Europe and APAC. 

As provider of choice to over 200 enterprise clients including banks, payment providers, asset managers, FX, gaming, crypto exchanges and other financial institutions, Napier doubled its annual revenues in 2021.

Watson said: “I am proud to be taking the mantle from Julian. Since founding Napier in 2015, Julian has built a world-class tech company from the ground up, steering it through a period of exceptional and rapid growth into the leading financial crime risk management business that it is. 

“Filling Julian’s boots will be no easy task, but this change is very much about evolution, rather than revolution. My job now is to take Napier to even greater heights, as we continue to innovate and to deliver increasingly higher levels of customer satisfaction.”

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