Rawdon JH Adams has been appointed as Chief Executive Officer of Bitt Inc. He will lead the company as it accelerates the evolution of the financial ecosystem in the Caribbean. Adams will also join the company’s board of directors.

“Bitt is ready to rescue the region from the constraints of traditional business and banking – and Rawdon has the full confidence of the board, Bitt’s investors and Bitt’s team to take us there,” stated Peter George, Chairman of Bitt and head of Avatar Capital, Bitt’s initial, outside investor.

“Bitt, which has its roots as a Barbados-based FinTech start-up, will benefit from Rawdon‘s experience – and will further thrive under his stewardship,” said Dr Patrick Byrne, CEO of Overstock.com, the parent company of Bitt’s US-based investment partner, Medici Ventures.

Byrne was equally confident that Bitt’s Co-Founders, Gabriel Abed and Oliver Gale and their multi-national team, would enjoy further growth as leaders, through Adams’s guidance, having laid the foundation for Bitt’s journey.

“Bitt, Barbados and Barbadians alike, look forward to welcoming this son of the soil back to our shores. We are honoured to continuously attract top talent,” said Abed.

Both Abed and Gale will be actively involved in Bitt’s growth through continuous participation on the Bitt board of directors. In addition, they will assist Adams by representing Bitt at international and regional developmental forums.

“I congratulate the Bitt team for a job well done thus far. Gabe and Oliver are pioneers in this part of the world – and are recognised globally for the bold strides taken in the name of FinTech, the blockchain and bitcoin. The industry recognises Barbados, through the efforts of Bitt – it’s now time for lift off,” Byrne added, confidently.