Private equity firm Motive Partners announced that it has added Blythe Masters and Richard Lumb to its Industry Partner team, which specializes in thematic strategy development, deal origination, execution and value creation for Motive’s portfolio companies.
Based in New York and London, Motive focuses on technology-enabled companies serving the financial services industry. Just last month the company announced that its investors were acquiring up to 60 percent of Fiserv’s Investment Services business, a leading technology provider for key segments of the wealth and asset management industry.
Its Industry Partners advise Motive's investment professionals, innovation team (Motive Labs) and Global Advisory Council. Masters and Lumb join existing Industry Partners including Stephen C. Daffron, President at Dun & Bradstreet, Peter Schurau, Chief Executive Officer at LPA, and Christine Ciriani, Chief Commercial Officer at Finantix.
"Our industry is complex and to be the best we can be as sector-specialists requires an intense focus on talent acquisition. I am delighted to welcome Blythe and Richard to the Motive family, as two leaders I have greatly admired throughout my own career in the industry and who I know will add much value to our platform and those we serve,” said Rob Heyvaert, Founder & Managing Partner at Motive Partners.
Masters spent 27 years at JPMorgan, serving in a variety of positions such as Head of Global Commodities and Head of Corporate & Investment Bank Regulatory Affairs and Chief Financial Officer of the Investment Bank. She left the company in 2014 after the sale of the bank’s physical commodities business, which she built.
After departing JPMorgan, Masters was then the CEO of Digital Asset Holdings, a financial technology company named by the Wall Street Journal as one of the "Top 25 Tech Companies to Watch 2018."
Lumb enjoyed a 35-year tenure at Accenture, where he most recently held the role of Group Chief Executive - Financial Services. In addition, he led the growth and strategy of Accenture Consulting, and in 2011 he established and then led Accenture's FinTech Innovation Lab in New York, London and Hong Kong, while also spearheading the acquisition of Duck Creek Technologies. Lund still sits on the Board of Finastra, one of the world's largest financial technology firms.