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.

Fergus Connolly

HR Director

Fergus is a people centric leader with thirty years’ experience within the financial sector. His expertise spans both industrial relations; starting as chair for Unite at HSBC to being part of the launch team within Human Resources for Vaultex in 2007.

He has gone on to lead an award winning HR Team with people values at its core. This combination ensures that fairness and progress underpins the ethos of his approach. Additionally he has responsibility for Risk, Safety, Estates and Security within the business.

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.

Phil Smith

Chief Information Officer

Phil is a proven CIO and transformational change leader with extensive experience transforming technology departments and delivering complex change programmes. Prior to Vaultex, Phil has worked for major blue chip and consulting organisations defining actionable IT strategies and successfully delivering these to drive value creation through technology innovation.

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.