Vancouver unicorn GeoComply has announced that Chairman Anna Sainsbury has been reappointed as the firm’s CEO, a position she held for seven years when she co-founded the company in 2011.
GeoComply announced last March that they have received a significant investment from Blackstone Growth and Atairos at a valuation over $1 billion.
Sainsbury will succeed fellow co-founder David Briggs, who held the position from 2018. Briggs will now serve as a Director, focusing on strategic initiatives including the expansion of GeoComply’s cybersecurity services into new markets.
“David will continue to be an essential part of the company by dedicating himself to special projects, not least by providing core leadership on GeoComply’s future in fintech,” said Sainsbury regarding the new year announcement.
“He will also focus on managing and delivering innovation on the product front and will take a central role in consolidating our internship and graduate recruitment programmes to secure a bright future for our team’s growth. His leadership has seen GeoComply through a transformative period as the business has expanded into exciting verticals and received institutional investment.”
“After four incredible years as CEO, I am looking forward to supporting Anna as she steps back into the role she was born to have. Anna is a natural-born leader and visionary and I have every confidence that her passion and dedication will take GeoComply to new heights,” Briggs added.
Back in December, GeoComply confirmed that its on-premise mobile solution, PinPoint, will play an integral part in allowing customers to place bets at the Snoqualmie Casino in Washington State.
Photo: Tanya Goehring