FSB confirm Adam Smith as new CEO after successful interim period

(PRESS RELEASE) -- FSB is pleased to announce that Adam Smith is assuming full-time charge of the organization following a successful three month interim period.

Smith, who took interim control in December 2022, has overseen FSB’s recent much heralded entry into the North American region via an enhanced relationship with long-term partner Fitzdares in the regulated Canadian province of Ontario.

Prior to his appointment at FSB, Smith was UK MD and Group Board member at a Northern European technology and consultancy business focused on digital transformation and big data. In addition, his diverse experience includes running a number of large scale, complex, multi-jurisdictional regulated market delivery programs as well as leading successful business scaling and transformation initiatives in Telcom, Travel, Market Data, Manufacturing and IT sectors.

The confirmation of Smith’s permanent full-time appointment comes as FSB proudly takes its first strides in its fourth continent and continues to successfully execute its core markets and products strategy, centred on the UKI, Africa, Mainland Europe and Canada.

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Adam Smith, Chief Executive Officer at FSB, said: “Taking full-time charge of FSB is a great thrill for me. What became clear during my three month period as Interim CEO was the opportunity that lies ahead for our organization. The combination of our dynamic proprietary platform technology alongside our driven, determined people and Tier 1 partnership portfolio gives us every reason to look forward with confidence.

“Having taken our first assured steps in North America last month we are now well positioned to move forward boldly in 2023 with our core markets and products strategy.

“Working closely with our committed private equity partners, Clairvest, I’m hugely energized to accelerate the growth of our award winning company.”

Mohit Kansal, Managing Director at Clairvest, said: “We are delighted that Adam has agreed to come onboard as full-time CEO effective immediately.

“Adam’s commitment and impact at FSB in a short few months with the support of the senior management team has been exemplary. We look forward to working closely with him and FSB towards a bright future."