This follows Themis’ announcement last week of successfully overfunding in their Pre-Series A round, raising a total of £3.1 million. Effective 1st February, Hurn succeeds Richard Reid, who retires after serving as Chairman for the past three years. Reid remains on the Advisory Board as a trusted Senior Advisor.

“I am delighted that Matthew has agreed to take on the role of Chairman. With his background in financial markets and international trade, as well as his deep experience in driving high growth, high impact tech businesses, there is nobody better placed to guide us through the next stage of our business lifecycle and help capitalise on the current market opportunities to build a truly global anti-financial crime digital platform.

I would also like to thank Richard Reid for his incredible support, for his kindness, sage advice, calm head and friendship. Through three years of repeated curve balls and market headwinds, Richard has been an exceptional mentor to me since founding the business in 2019. I am an incredibly fortunate founder to have had the support of two great and experienced leaders,” said Dickon Johnstone, CEO and Founder of Themis.

“I have served as a board member of Themis since their inception and it’s an honour to now be appointed Chairman. I look forward to working closely with Dickon, the Board and the senior management team to help guide and steer Themis through the next chapter of its journey,” said Hurn.

Hurn is a former President of the Association of Corporate Treasurers and in 2018 was awarded the John Grout award for his contribution to the treasury, risk and corporate finance profession. Hurn is also a leading figure in UAE-UK business ties, providing strategic advisory support to the UAE-UK Business Council and receiving an OBE for his contribution to UAE-UK financial relations in 2021.

With its automated due diligence platform (Themis Search & Monitoring), Themis has continued to champion and develop cutting-edge technology to help clients in the fight against financial crime. The platform allows companies and individuals to carry out AML screening and monitoring of all of their clients, suppliers, third parties and investors in one place to ensure no unwanted or unknown links to criminality exist amongst their clients or in their supply chains.

Themis uses advanced AI and ML technology, powered by threat-based data, research and intelligence to detect potential links to financial crime. Its AML software provides a simple way to conduct screening, KYC onboarding, risk mapping, enhanced due diligence and automated monitoring in one platform to make sure that you are not inadvertently dealing with companies, entities or individuals with criminal records, links to serious & organised crime or other forms of financial crime.