Appointment signals Arqit’s push into financial services security

Arqit Quantum Inc. (“Arqit”), a leader in quantum encryption technology, is pleased to announce the appointment of Jason Nabi as Managing Director, Financial Services, with immediate effect. 

As a 30-year veteran in Capital Markets and the Fintech sectors, Jason has held leadership positions at some of the world’s largest banks, including HSBC and BNP Paribas, and has worked for other market leaders, including Bloomberg, IBM and blockchain firm Paxos.

Jason has extensive experience developing services, delivering growth and innovative technology-based products, including digital assets.  He is the founding member of the Global Blockchain Business Council, a recent board member of ISSA as well as a frequent speaker on digitalisation of capital markets.

Arqit Founder, Chairman and CEO David Williams, said: “QuantumCloud™ has already solved some of the greatest cyber security problems of the era and has proven that with major customers in defence and telecoms. We are now certain of its universal application and demand in financial services. 

“We are thrilled to have Jason join our company to build a high-performance team to drive our financial services division and capitalise on the massive unmet demand not only for stronger, simpler encryption but also in the value-added services we are building.” 

Jason Nabi added: “Joining Arqit’s world-class team of experts in quantum tech and cybersecurity is a real honour.  The financial services move to digital assets and take-up of investing in crypto is evidenced everywhere.  For every financial services firm and institution, the protection of client data, surety of transactions and safety of assets in a digital ecosystem needs stronger, simpler encryption.  

“In fact, the digital assets boom will not last unless the cryptographic problem at their heart is solved.  Arqit has done this and is already the market leader in this field with an impressive array of customers and I’m excited to help lead the growth and development of the business in the financial services sector”.