Independent regulatory reporting provider, Lombard Risk Management plc, has promoted John Groetch to Managing Director for the Americas, part of a new initiative to bolster compliance and management solutions in the region.

Mr. Groetch joined Lombard Risk back in April 2014 as its Regional Sales Director, where he was tasked with helping manage and mentor the organization’s structure and development – just five months later, he is now being promoted to spearhead operations in the Americas.

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According to Mr. Groetch in a recent statement on the promotion, “It has been an honor to work with such a dynamic team. I am thrilled to manage the company’s strategic drive in the region, executing upon our ambitious growth plans, both in staffing and revenues.”

“We are delighted to have John Groetch oversee our Americas region. With his over two decades of experience, he is well-equipped for this role. We expect the Americas to continue to be a fast-growing market for us and are particularly keen to be able to capture more of the regional regulatory, collateral management and compliance opportunities that exist,” added John Wisbey, Lombard Risk CEO.

Prior to working at Lombard Risk, Mr. Groetch has worked in a variety of firms in senior level roles, including Markit Analytics, Calypso and Razor Risk Technologies.