Railsr appoints new CEO, CFO and COO following rescue sale
UK-based embedded finance platform Railsr has appointed a raft of new executives to lead the firm following its recent sale to a consortium of venture capital companies.
The fintech has named Philippe Morel as its new CEO, Debbie Lotz as chief financial officer (CFO) and Nick Charteris as chief operating officer (COO).
Morel boasts over 25 years of financial services experience and will report directly to board chair Rick Haythornthwaite. In his previous role, Morel was the CEO of blockchain-based settlement and payments firm SETL for four years until its acquisition by Colendi. Prior to that, he served in various senior roles for Boston Consulting Group.
Morel replaces Nigel Verdon who co-founded Railsr in 2016 (it was known as Railsbank at the time).
Lotz is a chartered accountant with over 25 years of experience in global banking. Most recently, she served as an executive leading data risk governance at National Australia Bank. She has also held roles at the Commonwealth Bank of Australia, Royal Bank of Scotland and Dresdner Kleinwort Wasserstein (now part of Commerzbank).
Charteris rejoins Railsr from Crypto.com, where he served as general manager in the UK for the last 12 months. He previously served as global head of operations at Railsr.
“This triumvirate of executive appointments bring deep experience and renewed energy to rebuild momentum, drive change and return Railsr to growth,” Haythornthwaite says.