ValidPath, the network for independent financial advisers, is pleased to announce that Tim Riseborough, Chief Operating Officer of Rimbal and Group Operations Director of ValidPath, has received authorisation from the FCA and joined the board of directors of ValidPath and ValidPath Financial Limited effective from 18 September 2024.
Tim brings a wealth of experience and expertise to the board, having played a pivotal role in expanding the team and operational capacity of ValidPath over the past 12 months. His operational experience and leadership background have been instrumental in supporting the accelerated growth and systems innovation within the ValidPath companies.
Tim has over 25 years’ experience in senior operational and finance roles in banking and financial services where he has been responsible to manage large teams and deliver numerous complex transformation projects. Before ValidPath, Tim was COO / CFO for a wealth management fintech and COO for an SME specialist lender. Prior to that he worked at a number of global banks including HSBC, Barclays and Goldman Sachs.
Tim is a Fellow of the Chartered Institute of Management Accountants and holds a Bachelor of Arts (Honors) degree.
The appointment of Tim as a company director and FCA-designated Senior Manager underscores ValidPath’s commitment to building its management team and enhancing its governance framework to support its IFA Members.
Angus MacNee, CEO, ValidPath, said:
“Tim has been instrumental in supporting the growth of ValidPath over the past 12 months as more and more IFAs choose ValidPath as the best proposition for their business to thrive. He has track record and a wealth of operational experience to build and support our growing team and proposition for the benefit of our IFA Members. I welcome Tim to the board and look forward to continuing to work with him to expand our IFA proposition.
Tim Riseborough, COO of Rimbal and Group Operations Director of ValidPath, added:
“As ValidPath increasingly stands out in the marketplace as the modern and independent option for financial advisers, more and more IFAs are seeking to join ValidPath. Further, with the objective to deliver more value over time to network members at lower cost, it requires an investment in people, technology and our services framework to enhance our proposition. I am thrilled to have made a contribution as we seek to meet this level of demand whilst maintaining the highest levels of service, and I look forward to continuing to work with the ValidPath team to enhance our proposition and support of our IFA Members.”
