Clowd9 names Patrick Butler as new head of risk and governance
Former Barclays director Patrick Butler is set to take charge of Clowd9’s risk strategy, governance framework, and sustainability initiatives as the decentralised payments processing platform’s new head of risk and governance.
Patrick Butler to head risk and governance for Clowd9
The UK-headquartered paytech secured B-Corp certification in May 2023, and plans to leverage Butler – a board adviser since 2020 – to ensure company alignment with “values of transparency, accountability, and environmental stewardship”.
It has also disclosed plans to scale its real-time payment capabilities into “new markets” beyond its current operations in North America, Europe, and the Asia Pacific region.
Butler, a former investment banker, has previously held a variety of compliance-focused positions across Bank of America Merrill Lynch, Barclays, and Royal Bank of Scotland, and also served as VP of strategic projects at HSBC.
His appointment follows former Thredd tech lead Paul Hansford joining Clowd9 as chief technology officer in September last year.
