Fintech and platform engine provider Bravura Solutions has appointed Libby Roy as its new CEO to take over from Nick Parsons who has stepped down.

Mr Parsons took over as CEO last year when Tony Klim stepped down from the role. 

Mr Klim had spent 10 years in the role.

Ms Roy, currently non-executive director of the fintech, will take over as CEO from 22 August.

She joined from Optus Business in Australia where she was managing director. She has also held several senior executive position with AMP and AXA, was managing director of PayPal in ANZ, and held senior global roles with American Express.

Whilst she will be based in Australia, she will spend ‘a large amount of time’ working in the UK.

Until 22 August Peter Mann, former CEO of Skandia and non-executive director at Bravura, will serve as interim CEO. From August onwards he will take on the role as chairman for EMEA to bring additional support to Bravura’s growth plans in the region.

Ms Roy said: “I would like to thank the outgoing CEO, Nick Parsons, for the work he has done in building the executive team and his contribution during his many years with Bravura. I am looking forward to using my experience to harness the tremendous opportunities Bravura has in its existing markets and globally.

“Bravura has been experiencing a transition in its markets and has been developing its offering accordingly. I am very excited to have been given the opportunity to capitalise on this.”

Neil Broekhuizen, chairman at Bravura, said: “I have every confidence that Libby will champion the needs of clients, employees and shareholders into the future. I am delighted that Libby has agreed to become our next CEO, having experienced her talent and contribution first-hand, I am sure she will contribute significantly to Bravura’s development, both internally and externally.”

Mr Parsons joined Bravura as its chief technology officer in 2007. Prior to joining Bravura, he was chief technology officer for DST Global Solutions.