Executive Committee

Meet our Executive Committee

Phil Vaughan

Chief Executive Officer

Phil is an innovative, people-focused leader with considerable experience at board level. He has held numerous posts and has an exceptional track record in both strategic profit maximisation and the commercial management of I.T. Prior to joining Vaultex, Phil held a number of senior roles within major blue-chip organisations, including American Express.

Sarah Brown

Transformation Director

Sarah has a wealth of experience in the banking industry including a period that saw her lead the cash and self service operation of a major UK bank. Her success in that position led her to take on a number of risk, operational and transformational roles. In addition to leading Vaultex’s transformation and risk agenda, Sarah also sits on the board.

Andy Grundy

Chief Financial Officer

Andy is a highly driven leader with a track record of increasing profitability and supporting business growth. He has vast experience, ranging from core financial responsibilities through to software design and development. Throughout his career, Andy has held a number of senior financial roles for large, complex organisations such as G4S.

Richard Maddison

Operations Director

Richard’s significant experience in senior roles within operations and programme management, as well as supplier management for a major UK bank, led to him becoming a founding member of the Vaultex Executive Committee. Richard is responsible for our operational sites, client services, security, safety and facilities. He currently chairs the wholesale working group for polymer, to facilitate collaboration and ensure readiness for the transition to polymer notes.

Mark Trevor

Commercial Director

Mark pursued a successful leadership career in the Royal Navy, prior to embarking on his corporate career. He has since had extensive experience in a number of senior commercial and operational roles within large international businesses, including Arthur J Gallagher International and Hiscox PLC.