Insignis Cash Solutions, the new FinTech company delivering bespoke cash solutions for its clients which launched in June this year, has announced the formation of its Advisory Board along with the appointment of its first member, Guy Davies, advising on the charity sector.

The Advisory Board will include multidisciplinary industry experts who will provide the “technical DNA” to support the business as it continues to grow, advising on strategic development and providing valuable industry insight.

The appointment of Guy Davies is representative of the company’s commitment to delivering enhanced returns without compromising liquidity and security for its clients – including charities. Guy’s impressive experience spans the wealth management charity and philanthropy sector over 22 years, latterly with Heartwood Investment Management as Head of Charities. Previous to this he held investment and senior management roles at Lazard Asset Management, Baring Asset Management, Barclays Wealth and Handelsbanken Wealth. Guy also has a diverse range of board level experience in the charity sector; he currently chairs the investment committee of the Armed Forces Common Investment Fund and sits on the management committee of the Charity Investors Group, an independent group with a common interest in promoting a greater understanding of charity investment related issues.

Paul Richards, Chairman of Insignis Cash Solutions, said: “The appointment of Guy to our newly formed Advisory Board is a key step in our journey to establish the company as a “go to” provider of cash solutions to the UK charity sector. Guy’s impressive career record, experience as a trusted advisor and unique skill set will further broaden both our expertise and relationships in the sector, which will be invaluable as we continue to grow our business.”

Guy Davies commented: “I am thrilled to be able to assist Insignis Cash Solutions, a technology driven company that delivers an outstanding solution to the active management of cash deposits. The company’s Digital Banking Network, combined with the personal service and 24-hour online access, is greatly needed in both the charity and wealth sectors.”