IoD launches Fintech and Finance Networking Group

The Institute of Directors (IoD)a UK-based organization for CEOs, senior business leaders and entrepreneurs, has launched a group specifically for the fintech and finance industry.

The IoDs Finance and Fintech Group intends to become a competence center for all managers within the financial or fintech sector. The group has three core goals it aims to fulfill: ‘connect’, ‘develop’ and ‘influence’. Ultimately, the group’s goal is to bring these people together with common interests and facilitate a learning experience between them. The group also wants to create a platform to influence IoD policy teams and opinion leaders in the industry.

Institute for board meeting
John Mclean OBE and Yvonne de Ville spoke at the event

The group was launched in the Carlton Room on Pall Mall in London. It hosted a number of influential individuals from the fintech and banking sectors. The event included speeches and chances for members to network.

John McLean OBE, head of the IoD in London, spoke at the event: “UK fintech is world class. It is a leader in Europe and internationally when it comes to driving positive change in the entire financial sector.

“It is my pleasure today to be at the launch of the IoD’s fintech group to mark the start of another center of research excellence under the leadership of its leader, Yvonne de Ville.

“Fintech makes a significant contribution to the UK economy, generating over 80,000 jobs. At a time when Global UK is starting to find its feet, I believe that the IoD’s fintech group can contribute to our country. Today I am pleased to add that we have a new interest group that will help directors represent the fintech sector.”

Fintech continues to grow across the UK

Yvonne de Ville, head of the IoD’s Finance and Fintech Group, also spoke at the event. She specifically referenced the strength of fintech, not just across London, but across the UK. De Ville said: “London has been a key driver in the UK’s fintech success story. As the second highest ranked fintech ecosystem globally, it has the world’s highest concentration of financial and professional services firms.

“Often the headlines about fintech successes focus on London-based firms. However, fintech as a sector is growing across the UK. From Belfast to Durham, Edinburgh to Cardiff, and from Bristol to Birmingham, there is a significant amount of fintech activity.

“Therefore, it is only logical to have the IoD Finance and Fintech Group as a center of excellence for leaders and entrepreneurs who share this common interest and passion.”

The group is holding another event in November at the same location. The event welcomes you Alan Sellersfounder of Your crypto coach to participate in a Q&A. The next networking event aims to teach members about cryptocurrency and blockchain.

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