Richard Lumb

Richard Lumb is an experienced executive and investor in the financial technology sector. He currently serves as an Industry Partner at Motive Partners, a position he has held since joining the firm in 2019.1 As part of his role at Motive Partners, Lumb focuses on sourcing and executing investment opportunities, with an emphasis on strategy and growth for portfolio companies.1

Board Positions

Richard Lumb holds several notable board positions:

• Board Member at Accordion Partners (since 2022)4
• Board Director at Finastra1
• Member of the Board of Directors at InvestCloud1

Previously, he served on the board of directors at Tegra118, which is now part of the InvestCloud platform.1

Professional Background

Prior to his current roles, Lumb had an extensive career at Accenture:

• Group Chief Executive Officer of Financial Services at Accenture, serving clients in banking, insurance, and capital markets globally1
• Led the growth and strategy of Accenture Consulting1
• Member of Accenture's executive leadership team for nine years, during which the financial services business nearly doubled in size1

During his time at Accenture, Lumb was involved in several significant initiatives:

• Established and led Accenture's FinTech Innovation Lab in New York, London, and Hong Kong in 20111
• Led the acquisition of Duck Creek Technologies in 2011 and served as its board chairman until 20191
• Chairman of Accenture Software from 2014 to 2017, overseeing all of Accenture's software businesses1

Recent Developments

In September 2022, Lumb was involved in Motive Partners' strategic growth investment in Accordion, a private equity-focused financial and technology consulting firm.2 More recently, in September 2023, he was appointed as the interim CEO of InvestCloud, Inc.3

Education

Richard Lumb holds a B.Sc. in Mechanical Engineering and an M.B.A. from the University of Bradford.1