Blockchain for finance pioneer Quant has recruited an experienced financial services sales specialist as it looks to serve more banks, asset managers and other financial institutions with its enterprise-grade technology.

Kirat Rawel joins Quant as Head of Divisional Sales, responsible for designing and executing the firm’s overarching business development strategy and building out the sales function. She has 15 years’ experience in financial services managing full profit and loss, setting up new businesses, and managing programmes across a range of international banks and financial enterprises.

Rawel joins Quant from global fintech Finastra, where she spent four years, latterly as Senior Director for the automation marketplace. She has previously held account management roles in Citibank corporate & retail banking, project management roles at Santander and has been a part of Accenture Consulting serving financial services.

Gilbert Verdian, founder and CEO, Quant, comments: “Financial institutions and their corporate customers are racing to harness the power of blockchain - whether it be to launch their own programmable money, tokenise traditional assets, or even explore other solutions such as carbon credit or real estate tokenisation. We provide the infrastructure that facilitates these many use cases, so we’re reaffirming our commitment to our clients and further growth of the company. Kirat will be instrumental in this strategy.”

In June, Quant launched its low-code, SaaS platform Overledger. This is the technology that has been used to underpin the Bank of England’s exploration of central bank digital currencies. Overledger uses patented technology which allows customers to issue digital money and interoperable assets; write new apps that will run on any network; create secure smart contracts that will execute on any blockchain; and use simple APIs to integrate with their existing systems.

Rawel adds: “I am excited to be joining Quant at such an important time for the intersection of blockchain and financial services. Blockchain is the future for business, and having a sophisticated sales and business development strategy is necessary to support Quant’s clients and the business’ rapid growth.”