Wealthify names former Azimo chief Richard Ambrose as new CEO as Andy Russell steps down
Wealthify, a digital investment fintech headquartered in Cardiff, Wales, has appointed former Azimo chief Richard Ambrose as its new CEO.
Richard Ambrose, Wealthify’s new CEO (Image: LinkedIn)
Ambrose will be taking the reigns from Andy Russell, who the company says “has decided that now is the right time to move onto the next phase of his career” having served as Wealthify’s CEO for over four years.
Announcing his departure on LinkedIn, Russell states that the company grew 10x under his leadership. He guided the organisation through its collaboration with ClearBank, utilising its embedded banking service to introduce a new instant-access savings account this year.
Russell adds that he plans to take the summer off before “starting to look in autumn for my next big adventure”.
Meanwhile, Ambrose brings over 25 years of experience in the fintech sector to his new role at Wealthify.
Ambrose has worked at companies such as US management consultancy firm Oliver Wyman, eBay, and PayPal, where he held numerous leadership positions, including senior director and chief of staff for PayPal’s EMEA unit.
Most recently, Ambrose served as CEO of Azimo, the London-based digital money transfer service, where he helped scale the fintech to more than three million customers.
Founded in 2016, Aviva-backed Wealthify offers a range of investment products, including stocks and shares ISAs, self-invested personal pensions (SIPPs), junior ISAs, and instant access savings accounts, all accessible through its app and web-based platform.
