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Board Expansion & New Regional Director Appointment

5 min read
November 10, 2025

We are delighted to announce the appointment of Tim Phelan as Regional UK Director, joining CEO and Founder Danial Daychopan on the Plutus Board.

Tim Phelan
Non-Executive Director & Board Member

Tim brings over 25 years of business and finance experience, specialising in governance, financial strategy, and helping organisations scale responsibly. His role will focus on strengthening our regulatory readiness, supporting strategic growth, and ensuring strong financial oversight as we expand into new markets.

“Plutus has the foundations, ambition and capability to lead the future of digital finance. I’m excited to support the team in scaling responsibly, sustainably, and with strong governance at its core.”
– Tim Phelan

Alongside Tim, we are pleased to welcome two highly experienced Board members:

Andrew Gill FCA
Non-Executive Board Member

A Chartered Accountant and former CFO/Managing Director with international experience in commercial growth, restructuring, M&A, and new market development. Andy has led business units from early stage to multimillion-dollar scale and brings deep expertise in strategy and governance. He has taken new business units from zero revenue to over $8M in under two years and has led successful turnarounds growing revenue from <$2M to >$30M.

“I’m looking forward to helping shape a scalable commercial model that delivers sustainable growth and meaningful customer value.”
– Andrew Gill

Richard Jones
Non-Executive Board Member

A fintech entrepreneur and former CEO with extensive experience across banking, investment, ESG, and regulatory governance. He has led multiple high-growth financial services businesses and currently sits on the board of an international bank. Richard brings deep expertise in navigating complex financial regulations, building banking partnerships, and preparing organisations for institutional investment and rapid international scale.

“Plutus has the vision, talent and timing. My role is to help unlock the opportunities that take the business from potential to global scale.”
– Richard Jones

The current board, led by Danial Daychopan, also includes Perry Blacher, who joined earlier this year to advise and support our funding plans for tokenised deposits (RWA) and international scaling in 2026. We are now strengthening the board with additional advisors who bring the necessary experience and background to support this next phase of growth.

“Plutus is positioned at the perfect intersection of innovation, timing, and market demand, a rare opportunity. Experienced leaders and advisors will help turn the founder’s vision into reality.”
– Perry Blacher

These appointments significantly strengthen our governance structure and support Plutus’ mission to scale internationally, migrate to a new and improved banking solution, and deliver a full suite of banking features while navigating evolving regulatory frameworks with confidence and discipline.

“Together, Tim, Andy and Richard bring over 75 years of combined leadership experience across fintech, finance, regulation, governance and international scaling. Their expertise, along with Perry supporting our upcoming Series A, positions Plutus to challenge the likes of Monzos and Revoluts.”
– Danial Daychopan

A stronger board.
A stronger strategy.
A stronger future.

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