Signicat has appointed Keith Fenner as CEO and Pete Daffern as Chair, effective 10 November 2026.
Fenner succeeds Asger Hattel, who steps down after almost seven years, while Daffern takes over from Johan Tjärnberg.
The transition takes place as generative AI accelerates fraud threats, according to the digital identity company.
Its report, The Battle in the Dark, found 59% of European businesses had seen a rise in identity fraud.
To counter this, Signicat says its proprietary AI tools are designed to detect and prevent deepfakes, synthetic identity fraud and identity theft.
These sit within a platform covering onboarding, identity proofing, signing, orchestration and authentication for regulated firms in banking, finance, payments and the public sector.
Since Nordic Capital invested in 2019, the company says it has grown tenfold through double-digit organic growth and eight acquisitions.
It now serves more than 25,000 customers in over 45 countries, with over 550 employees across 16 offices in Europe.
With this European platform in place, Hattel and the board agreed it was the right time for new leadership.
His successor has over 25 years of international software leadership experience, including roles at Microsoft, Sage, Galvanize and Diligent.
“With that mission complete, a strong organisation in place, and a new chapter to begin, I believe this is the natural time to hand over,”
said Asger Hattel, outgoing CEO at Signicat.
Fenner said he will focus on accelerating international growth and driving commercial execution.
Daffern has more than 30 years in enterprise software leadership and has governance experience across private equity-backed software businesses in Europe and the US.
Featured image: Edited by Fintech News Switzerland, based on image by Signicat via its Press Release and GhostPants via Magnific.
