GBST rehires Kirsty Worgan, now as Chief Commercial Officer

2 years ago 71

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GBST has appointed Kirsty Worgan as Chief Commercial Officer, who will contribute to the firm’s global growth strategy and lead the development and delivery of its wealth management commercial plans, working closely with the CEO and Board.

Reporting to Robert DeDominicis, CEO of GBST, Kirsty Worgan will manage commercial growth opportunities, mergers and acquisitions, and assist with sales and product expansion.

In addition, she will support regionally based leaders to drive adoption of GBST’s market-leading and award-winning wealth management solutions, including back-office administration technology, Composer; tools and services for tax aware investing and intelligent reporting, TaxIntell and Tax Analyser; digital wealth platform, Catalyst; and a growing range of interactive financial tools and calculators.

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Worgan was GBST’s Head of Business Development

Kirsty Worgan is no stranger to GBST. She has previously worked as its Head of Business Development for seven years. During the past three decades working in senior management and executive positions in financial services and fintech, she has played key roles, including Director of Business Development EMEA at Bravura Solutions, where she was responsible for client acquisition in the UK and South Africa, and Chief Commercial Officer at Smart Pensions.

Robert DeDominicis, CEO at GBST, said: “Kirsty is well-known and highly regarded across the industry, and I am delighted to welcome her back to GBST. We are seeing increased interest globally in our wealth management solutions as providers seek to deploy a modern, cloud-based tech stack that delivers a superior client user journey and experience, while addressing increasing regulatory burdens and managing costs. Kirsty’s extensive experience will be invaluable in accelerating our organic and acquisitive expansion plans.”

Kirsty Worgan, Chief Commercial Officer at GBST, added: “Having been part of the original team that helped establish GBST in the UK over a decade ago, I am excited to re-join the organisation. GBST has always been committed to continued technology innovation, but I have been particularly impressed by the significant investment and progress it has made in transforming its underlying product architecture over the last two years and by Anchorage’s ambition for the long-term future of the company.

“I’m looking forward to working with the GBST team globally to execute on its business plans and drive the continued commercial advancement and success of its operations.”

Last year, the wealth management platform was in the middle of a failed merger attempt by FNZ, which was blocked by the Competition and Markets Authority (CMA).

GBST’s Wealth Management division was ultimately sold to Anchorage Capital Partners, a leading global private equity fund with extensive financial services and systems experience.

Anchorage plans to make use of GBST’s Wealth Management division to execute its growth strategy and deliver solutions to clients, including support for continued investment and the rollout of the Composer platform to current and prospective clients.

FNZ announced it would reacquire GBST’s capital markets division. This will provide FNZ with the opportunity to expand its product while remaining compliant with the UK’s competition authority.

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