Fintech Revolut has added Martin Gilbert, formerly of Standard Life Aberdeen, to its senior team.
He joins as non-executive chairman of the board. Gilbert was formerly the co-chief executive of Standard Life Aberdeen, co-founder of Aberdeen Asset Management, and chairman of the PRA Practitioner Panel. He will begin his role on January 1 2020, but has been working with the firm in an advisory capacity.
Nik Storonsky, founder & CEO at Revolut, said: “As we prepare to scale the business globally it’s crucial our senior team has a blend of forward-thinking creativity and experience. Martin is a respected veteran of the financial world, and brings unparalleled experience to Revolut. His knowledge will prove invaluable as we continue our mission to become the world’s first truly global bank.”
Martin Gilbert commented: “Revolut is a unique proposition in the digital banking world, and I’m pleased to be joining the Board at such an important stage in its development. Nik and the team have made great strides towards building the bank of the future, and I’m proud to add my deep experience of Board governance and corporate growth to the Board as Revolut continues to expand on a global scale.”
Revolut has made a number of senior appointments in recent months. Richard Davies, the former COO of HSBC Commercial Banking, joined as the company’s COO in July. In addition, Dave MacLean, former finance director at Metro Bank, joined in October as CFO.
Revolut launched in 2015 and claims that it has grown to service eight million customers worldwide. Furthermore, the firm stated that it opened over one million new accounts in October 2019 alone. It launched in Singapore and Australia this year and it hopes to launch in the US by the end of 2019.
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By GlobalDataTo date, the fintech has raised approximately $340m in funding, from notable venture capital firms including Index Ventures, Ribbit Capital, Balderton Capital and DST Global.