Jo Wright named CFO as 11:FS continues expansion

Digital consultancy 11:FS has boosted its global growth efforts with the appointment of finance expert Jo Wright. The firm’s new Chief Financial Officer arrives with almost 30 year of experience in accounting and finance, having initially trained with KPMG.

11:FS is a consultancy which was launched in an effort to combine an innovative start-up mentality with some of the best experts in the financial services field. It has worked with the likes of NatWest’s Mettle business banking service, Standard Chartered, and other firms across Europe, Asia, Africa, and North America. It is also building its own modular banking infrastructure, 11:FS Foundry, to deliver secure, digitally native banking proposition to scale and at speed, in association with Norway’s largest bank, DNB.

As the firm looks to ramp up the expansion of its offering, 11:FS has committed to strengthening its senior team. Late in 2019, this saw former Apple and BCG Digital Ventures talent lead Michael Curds join the digital consultancy, bringing two decades of experience to the firm as its new Head of Talent and Recruitment. Now, 11:FS has followed this up with the appointment of another media, finance and technology veteran with the appointment of Jo Wright.

Wright joins 11:FS as the firm’s Chief Financial Officer, having held executive finance leadership roles in media, technology, FinTech and e-commerce firms. As the company continues its rapid expansion, adding new client projects across the globe and scaling its US operations, she will subsequently play a critical role in the firm’s international expansion.

“I’m excited to join 11:FS as it moves into its fourth year and continues its rapid expansion in London, New York and beyond,” said Wright. “The FinTech and financial services market fascinates me, and I’m looking forward to working with the talented executive team that 11:FS has assembled and support them to deliver against the strategic vision for building truly digital financial services.”

Prior to 11:FS, Wright – who is a Chartered Accountant – was the Interim Finance Director at London-based FinTech Thought Machine. Wright started her career as an Audit Trainee with Big Four firm KPMG, becoming an Assistant Manager before leaving for Sky in 1997. There, she worked as Head of Finance for Sky One, Sky Arts, Sky Travel and The Creative Agency, before becoming Nickelodeon’s CFO in 2007. She is currently a Non-Executive Director and Chair of the Audit and Finance Committee at London & Partners, the international trade, investment and promotion agency for London.

Commented on the news, David M. Brear, Group CEO at 11:FS, said, “I’m delighted Jo has joined 11:FS and cannot wait to see her impact on the firm. She brings a wealth of experience in transforming finance functions and ensuring they act as a collaborative business partner. What really impressed me was her approach and attitude to finance that combines data-led insights and strong governance, while also ensuring the entrepreneurial culture we have at the firm can continue to thrive. As 11:FS continues to scale, Jo will play a crucial role in our mission to build truly digital financial services globally.”