CloudPay Adds to Senior Leadership Team, With New CFO and Chief Security and Risk Officer

CloudPay, the global leader in payroll and payments solutions, has formally announced the appointment of two new senior leaders to redouble its commitment to an accelerated growth strategy, following a significant capital investment of £120m in August 2024.

Rahul Raswant joins the business as Chief Financial Officer (CFO), bringing more than 25 years’ experience in senior leadership roles in Finance & Strategy, including tenures at McKinsey & Company, Standard Chartered Bank and Wayfair. Rahul’s expertise includes the steering of high-growth technology companies, optimising growth and profitability via resource allocation and systematically securing operational efficiencies.

His appointment marks a pivotal moment in CloudPay’s journey as the company enters its next stage of growth and transformation, supporting the company’s vision to become the most trusted partner for global payroll.

Tim Grieveson also joined CloudPay in a newly created role, Chief Security and Risk Officer (CSRO). Tim is a pragmatic, industry-recognised customer-focused technology and cybersecurity leader with 25 years’ experience, well-known for embedding security, risk and compliance to support business strategy and growth whilst enabling resilience. In this new position, he will lead CloudPay’s defence globally against cyber threats and ensure the company leads the payroll market by aligning security and risk management capabilities, to best meet customer requirements in receiving the best in cyber security, compliance, data security, risk management and IT solutions.

Roland Folz, Chief Executive Officer, CloudPay, commented: “It is an incredibly exciting time for CloudPay, and I’m delighted to welcome Tim and Rahul to the business. Both bring a wealth of experience and strategic insight that will be instrumental in driving our global growth, supported by our expert teams and cutting-edge technology. As we continue our transformative journey, having deep expertise and understanding of how to flex, scale, and drive innovation is core to our success, and I have no doubt that both new members of our leadership team will play pivotal roles in our growth. I look forward to working closely with them as we continue to scale and innovate.”