Finverity, the trade and supply chain finance digital ecosystem, Wednesday announced significant changes to its executive team, providing the company with operational excellence as it prepares for its next growth phase.
Symmie Swil, with her impressive track record in business banking, has been promoted to the role of Chief Operating Officer (COO), while Alex Fenechiu, co-founder of Finverity and former COO, will transition to the role of Chief Revenue Officer (CRO).
Symmie Swil’s move to COO recognises her invaluable contribution as Head of Operations since joining Finverity in 2023.
Swil, previously Deputy CEO of Investec CIB UK and Head of SME Banking for Starling Bank, has an impressive history of driving significant growth, whilst instilling operational excellence, notably expanding Starling Bank’s business accounts from 150,000 to 430,000 in 18 months.
Since joining Finverity in early 2023, she has been instrumental in building scalable business operations and playing a crucial role in fundraising and financial planning and analysis.
Swil’s appointment underscores Finverity’s commitment to people development and promoting from within.
Alex Fenechiu, in his new role as CRO, will focus on driving revenue growth, leveraging his deep understanding of the business and its operations. Fenechiu’s transition reflects his passion for scaling businesses and his expertise in sales and client acquisition.
His move is aligned with Finverity’s aggressive growth targets for the year and the upcoming launch of FinverityOS 2.0, its SaaS technology enabling banks and NBFIs to digitally transform working capital & SCF operations, and a critical milestone for the company.
Alex Fenechiu stated,
“This strategic shift for Symmie and myself is about placing the right people in the right roles to drive Finverity forward. Working with Symmie has been incredible since the day she joined. She is the ideal COO due to her deep understanding of our tech and offering as well as the complex landscape of banking trade operations. Meanwhile, my focus on revenue generation as CRO will hopefully propel us closer towards our ambitious goals of market leaders in SCF solutions.”
Symmie Swil added,
“I am honoured to step into the role of COO at Finverity. I am excited to work closely with Alex and the rest of the team to deliver scalable growth and transform access to supply chain finance. I’m looking forward to using my strategy and operational experience from banking and fintech to ensure we can meet our ambitious goals and deliver exceptional service for our clients.”
These executive changes strengthen Finverity’s leadership team, reinforcing its commitment to operational excellence and robust growth.
As the company prepares for the launch of FinverityOS 2.0, these appointments are critical in ensuring the company’s readiness for scaling and meeting the demands of a rapidly evolving market.
