Appointment of Phil Smith from Embark to Titanbay's Board of Directors, a Notable Decision

Titanbay, a leading private markets infrastructure provider, has announced the appointment of Phil Smith as a Non-Executive Director. The move comes at an exciting time for the company as it continues to revolutionize the private markets landscape and strengthen its relationships with wealth managers.

Phil Smith, a recognised leader in financial services, brings a wealth of experience to Titanbay. He has held senior roles at Barclays Wealth, Fortis Investments, and Prudential M&G, and founded Embark, growing the business to £42bn in assets under administration before its acquisition by Lloyds Banking Group in 2022. Smith is known for his expertise in scaling technology-driven platforms, M&A, and developing financial infrastructure.

Ossama Soliman, Co-CEO of Titanbay, expressed his excitement about Smith joining the company. "Phil's deep roots in wealth management and experience in scaling investment platforms will be invaluable as we continue to strengthen relationships with wealth managers and empower them with best-in-class private market solutions," said Soliman.

Titanbay's platform simplifies every stage of the investment journey, combining intelligent technology, seamless operations, and unmatched flexibility. The company's mission to revolutionize private markets infrastructure is well-aligned with Smith's expertise in scaling technology-driven platforms.

In 2024, Titanbay surpassed $1bn in AUM/AUA and achieved significant expansion. The company was also recognised by the Financial Times as one of Europe's fastest-growing companies. With Titanbay, wealth managers and financial institutions can grow, scale, and deliver exceptional value with confidence.

Michael Gruener, Co-CEO of Titanbay, believes that Smith's appointment will further strengthen the company's position in the private markets. "Phil's appointment is a testament to our commitment to providing the best possible solutions for our clients," said Gruener.

Smith, looking forward to being part of Titanbay's journey, expressed his enthusiasm for the opportunity. "Titanbay is leading the way in making private markets more accessible, and I'm excited to be joining the team at such a pivotal time," said Smith.

Private markets are becoming increasingly important in wealth management, and Titanbay is at the forefront of this trend. The company's comprehensive technology platform bridges the gap between distributors and asset managers in private markets, providing unparalleled access and ease of use.

As Titanbay continues its rapid growth, with a 3.2x increase in 2024, Smith's expertise will play a key role in shaping the company's next phase of innovation and growth. With Phil Smith on board, Titanbay is poised to continue its leadership in the private markets and deliver exceptional value to its clients.

Appointment of Phil Smith from Embark to Titanbay's Board of Directors, a Notable Decision