Cushon appoints Rachel Beagles as Non-Executive Director
Rachel Beagles has joined workplace pension and savings fintech Cushon as its new Non-Executive Director.
A specialist in financial services with long-term experience in the wealth and asset management sector, and strong sustainability credentials, Cushon says Rachel’s expertise will be invaluable as it seeks to generate further funding and growth.
With a background in Audit and Risk, Rachel will also Chair Cushon’s Audit and Risk committee, monitoring Cushon’s overall risk management framework, financial reporting processes, and compliance processes.
Rachel Beagles, Non-Executive Director at Cushon, comments: “Cushon is currently going through an impressive growth period, so it’s exciting to join at such a time to help it continue to achieve its high ambitions.
“By joining as an independent Non-Executive Director in the business, I hope I can bring new perspectives to the board to support Cushon in delivering its strategic objectives and fund-raising aspirations. I also feel strongly that my skills, knowledge and experience in financial services – and background in sustainability – align with Cushon’s values and benefits the company to grow even further over the coming years.”
Duncan Howorth, Chair of the Cushon Board, comments: “Rachel’s expertise will be integral at such a critical time in our journey, joining our Board as we seek to generate further funding and growth.
“Sustainability is at the heart of everything we do, so having an individual of Rachel’s calibre and expertise to provide strategic, independent thinking is a fantastic addition.”
In January, Cushon closed a £35m fundraising round led by existing investors including venture capital firms Augmentum Fintech and AshGrove Capital. The fintech also doubled its assets under management to £1.7bn with a new acquisition of the Creative Pension Trust, a workplace pension scheme, which now makes Cushon the fifth largest master trust pension provider in the UK. The fintech also has several exciting partnership opportunities planned over the next year to build on its already substantive growth period.