Who we are

Experienced, trustworthy management

Codel Ltd is a privately owned company with VC backing from Finance Wales.


Mike Smith


Formerly Chief Executive Officer of Australia New Zealand Bank 2007 - 2015, remains  an adviser to the board. Senior adviser at PwC Australia’s Asia Practice. Formerly: President and Chief Executive Officer, HSBC Limited; Chairman, Hang Seng Bank Limited; Global Head of Commercial Banking for the HSBC Group; Chairman, HSBC Bank Malaysia Berhad. Chairman of HSBC in Argentina.

James Zorab

Chief Executive, Co-Founder

Co-developer of Codel. Experienced entrepreneur.  Initiated The Ascent Group, VC-backed technology incubator spinning out a series of products including Fibertag, a uniquely bar-coded filament for anti-counterfeiting. Flectalon, a high performance insulating material and Thermal  Camouflage  for the MOD. James helped to develop Codel’s functionality, now judged to be the most commercial distributed ledger offering for banks to interact with Blockchain.

Markus Ruetimann


Former Group COO of Schroders plc (2004 – 2016) and Chairman of Schroder Investment Management (Luxembourg) SA. Global responsibilities included; Information Technology, Portfolio & Fund Services, Information Security, and Project Change Management. Commissioner on the Board of the Jersey Financial Services Commission. 25+ years in asset management, private banking and asset servicing, based in Zurich, Geneva, New York and London (current).

Michelle Farkas


Former head of Strategy and Transformation, Capital Markets at Tata Consultancy Services Financial Solutions.  Michelle has also held a variety of management roles at Barclays including Head of Strategic Change Management, Chief of Staff to the Europe Retail and Business Banking CEO and Global Head of Pricing.  Experienced in building strategic operations and managing cross-functional delivery in highly pressurized, multinational environments.

Mark Kerns


Mark is a seasoned senior executive with a distinguished career across leading global and regional banks. In his most recentrole, he was Head of Investor Services at Standard Bank and a member of the Transactional Products and Services Executive Team. Earlier in his career, Mark was a Director of The WM Company and launched the Bankers Trust Global and Master Custody services in Europe. He also led the Global Master Custody business for JP Morgan based initially in London and then New York. Immediately prior to joining Standard Bank, Mark filled a variety of executive roles at BNY Mellon including Executive Vice President & Head of Fund Manager Services.

Mark Broughton

Commercial Director

Mark has extensive general management experience at board level in intellectual property-based businesses. He has developed several business brands for global markets, and completed a wide range of multinational Intellectual Property Rights deals. After extensive private equity investment experience with 3i, he managed change in international programme businesses for HTV Group and United News & Media. 

Mike Jacobs

Co-Founder & Codel Inventor

Mike conceived some of the original concepts that shaped the Codel digital notary service, filing a suite of patents awarded in the US and EU covering data authentication, integrity and tracking.  Mike’s latest Codel patent  addresses Blockchain verification latency speed and scalability providing a model that is practical to adopt by financial services. An  experienced programmer of 35 years and has extensive publications to his name with a particular focus on Identity and the need for data privacy.