Revolut appoints Martin Gilbert as non-executive chairman

Source: Revolut

Revolut has today announced the appointment of Martin Gilbert as its Non-Executive Chairman, as the fast growing fintech continues to strengthen its senior leadership team in line with future growth plans.

In recent months, Revolut has signed new global deals with Visa and Mastercard, expanded into Australia and Singapore, and opened one million new accounts in October.

Martin, the former Co-Chief Executive of Standard Life Aberdeen, Co-Founder of Aberdeen Asset Management and Chairman of the PRA Practitioner Panel, will begin his role as of January 1st 2020. Prior to his formal appointment, Mr Gilbert has been working closely with CEO Nik Storonsky in an advisory capacity.

Revolut has made a number of key appointments across its senior management team in recent months. Richard Davies, the former COO of HSBC Commercial Banking, joined as the company’s new Chief Operating Officer in July, while Dave MacLean, the former Finance Director at Metro Bank, joined in October as Chief Financial Officer.

Commenting on the new appointment, 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.”

Since launching in 2015 Revolut has grown to service eight million customers worldwide and opened over one million new accounts in October 2019 alone. This year, Revolut launched its services in Singapore and Australia, and the company is on course to launch in the United States by the end of the year.

With Revolut, customers can spend and transfer money globally at the real exchange rate, exchange currencies in the app, manage their money with instant analytics and budgeting controls, buy and sell cryptocurrencies, and it most recently launched a new commission-free stock trading service.

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