New chief data officer joins financial tech firm Target Group

CARDIFF headquartered financial technology firm, Target Group, has appointed Richard Gregory as chief data officer.

He will lead the further development and delivery of Target Group’s overall data strategy.

Having held senior leadership positions at some of the world’s largest organisations such as AB Inbev, Nokia, Whitbread and most recently Nationwide as the group’s head of information management, Mr Gregory is a respected authority in this field and brings with him a wealth of experience within strategic information management.

He will report into co-group chief executive Ian Larkin.

Mr Gregory said: “This is an exciting time to be joining Target Group. I’ve been hugely impressed with the culture and the scale of the organisation. Since its acquisition by Tech Mahindra last year, it has evolved and further established itself as a major player in the UK financial services marketplace and beyond.

“Now, more than ever, it has the scale and expertise to be able to deliver complex transformation and outsourcing programmes.”

“Addressing how to harness the power of data is a major catalyst for change in financial services at the moment, not least due to cost pressures driving the need for more efficient operations.

“With legislation such as GDPR (General Data Protection Regulation) on the horizon, coupled with the advancement in Big Data, there is a real opportunity for Target to support our clients through the undoubted power of data and forge better customer relationships as a result.”

Mr Larkin said: “Data is a critical topic in the financial services sector and there are significant risks and opportunities being created by the combination of regulatory change and technological innovation.

“In Richard, we have one of the best people in the market and look forward to him bringing his wealth of knowledge and experience to help drive our capabilities forward and deliver crucial insight and support to our clients.”