This week's industry careers update

Pelican appoints Byron McKinney as trade finance compliance product manager

Pelican, a global provider of AI-powered payments and financial crime compliance systems for banks and corporates, has strengthened its compliance management team with the appointment of Byron McKinney as trade finance compliance product manager, based in Pelican’s London headquarters.

McKinney has more than 15 years’ experience across the trade compliance and commodity trade sector. Most recently he led the Global Trade Compliance team at Accuity, responsible for launching the North American dual-use goods application and also its real-time vessel tracking product. Prior to this McKinney spent a number of years at Thomson Reuters in the commodity trade division, creating and designing digital products for the coal, gas and shipping markets in Europe, Asia and the Americas.

Parth Desai, Founder and CEO of Pelican, commented: “We are delighted to appoint Byron as Pelican trade finance compliance product manager. Byron’s extensive trade compliance experience will further strengthen our financial crime compliance team, and I look forward to the contribution he will make in developing our PelicanSecure product suite.”

Control Risks CEO Richard Fenning to step down in May

Control Risks, a specialist global risk consultancy, has announced that its CEO, Richard Fenning, is to step down in May 2019. Fenning will be succeeded as CEO by Nick Allan, who is currently CEO of the Europe and Africa region at Control Risks.

In a message to employees, Control Risks chair Irene Dorner paid tribute Fenning: “I would like to thank Richard for his outstanding commitment to the firm, our clients and, of course, our people. He has dedicated himself to leading the firm through a sustained period of growth and expansion, establishing successful partnerships and diversifying the range of Control Risks’ services.” Fenning has been CEO of Control Risks since 2004 and joined the company in 1993. He will remain as a part-time adviser to the company for a year after leaving the CEO role.

Nick Allan joined Control Risks in 2001 and is currently CEO, Europe and Africa and sits on both the Board and Executive Committee. Prior to that, Allan was CEO of the Asia Pacific region having led Strategy, Marketing and Global Risk Analysis. Before joining Control Risks, Allan worked at De La Rue International Plc. where he focussed on the Latin American business as well as electoral projects in Mozambique and Sierra Leone.

In a note to employees, Allan said he felt “extremely honoured” to be appointed as the next CEO of Control Risks. “We have an exceptional firm with great clients and excellent colleagues. It is a great responsibility and privilege to lead Control Risks and I will be dedicated to giving my best to make sure our firm thrives in the future,” he said.