Target Group has announced the appointment of Terry Baxter as the firm’s risk and compliance director.

He has over 20 years’ extensive senior level experience in the financial services sector, specifically within compliance and regulation.

Formerly of Grant Thornton, Baxter joins the executive team at the financial services outsourcing and software provider to build upon an established compliance foundation and to reinforce and maintain its risk and compliance framework.

He said: “Target Group’s credentials in financial services are well known which made the decision to join the company an easy one. I’m looking forward to continuing the firm’s growth and particularly ensuring that its high standards in regulatory compliance are maintained, and where possible improved.”

Paddy Byrne, chief executive officer at Target Group, said: “Terry is an industry expert with a strong track record, he will bring specialist compliance experience to Target Group.

“Undoubtedly he will strengthen the senior team and will bring his market leading skills to bear in the application of financial services requirements to regulated firms. Terry’s appointment reflects our commitment to providing a service that has quality and regulatory compliance at its core.”