CREDS Tim Renew
“I expect people to work hard but also to have fun while they’re doing it,” he jokes. For those who have worked at California-based fintechs (as Renew has), this work hard, play hard culture is engrained into the workplace mentality. Balanced mentality Renew’s workplace philosophy is not the only thing he is bringing to BCB. He brings substantial experience and a persistent approach to commercial vitality. “The first time I went to the US to pitch my last company, we had a meeting with a major US bank and we were told ‘it’s never going to be a thing’. 12 months later, we were told ‘it’s definitely a thing but it’s not coming to the US’. Six months after that, they signed the contract.” He explains that these stages on the buyer’s journey are typical for buyers of emerging technology as many potential clients can be slow to recognise the business need. “They weren’t lying,” he says. “They just weren’t ready. The same is the case now with much of what BCB offers. It is a matter of time, and it is about making sure that we are in the right place. What BCB does is a game changer.” Communicating that innovation through a marketing lens will be key to the commercial team’s success as it goes into this next period of growth. During his career, Renew has been at this stage before.
The first time I went to the US to pitch my last company, we had a meeting with a major US bank and we were told ‘it’s never going to be a thing’. 12 months later, we were told ‘it’s definitely a thing but it’s not coming to the US’. Six months after that, they signed the contract.
Tim Renew
→ The company’s new Deputy CEO has the profile of a restless high achiever. As a youngster he wanted to join the military and, more recently, joined the Army Reserves to later be selected for officer training. A keen sportsman, Renew has competed in ultra marathons, Ironman triathlons and he is also an accomplished climber. At the same time, however, he also likes to embrace nature and likes to balance his family commitments with his two daughters with time alone. “I like discipline,” he says, noting that it is not uncommon for him to jump out of bed at 5am and go for a run. But he readily admits that this is equally applicable to his approach to work.
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