Clearbank announces new Board ahead of international expansion

The appointments come as ClearBank continues to build its business whilst also looking towards international expansion. The business is focused on adding experience in banking and payments across the globe, as well as an understanding of fast scaling and business transformation in the markets that ClearBank will be entering over time.

The appointments are:

Peter Herbert as ClearBank Group Chair. Peter also holds the position as Chair of Bank of Ireland (UK) and most recently was Chair of Zopa Bank. Peter has extensive executive and Board experience with particular expertise in driving change and growth in financial services, with a focus on retail and commercial banking.
Tim Wade as Senior Independent Director and Group Chair of Audit Committee. Tim is also Chair of Audit Committee at Royal Bank of Canada Europe Ltd and Virgin Money PLC, and has extensive senior management experience at a number of financial services providers.
Richard Anderson as Group Chair of Risk Committee. Until recently Richard was the non-executive Chair at Banking Competition Remedies and is a former Chair of the Risk Committee at Pay.UK. Richard has board experience of business undergoing major change, and deep-rooted payments experience.
Susanne Hannestad as Non-Executive Director. Susanne holds board positions at Triodos Bank, Monty Mobile Ltd, Crunchfish and Zimpler, and brings a deep understanding of global cultures, regulatory environments, and operating practices. These are critical components as ClearBank continues to scale, both within the UK and internationally.

The new board will guide ClearBank as it continues to grow, onboard new customers, and expand into new markets. With deep experience in steering businesses undergoing change, and specialisms in financial services, the board will give ClearBank the governance necessary for success on an international basis.

The appointments remain subject to regulatory approval of ClearBank Group Holdings.