British neobank Starling announced it had appointed a new chief operating officer on Wednesday, the latest in a string of C-suite shake-ups.
Early last year, OVO Energy boss Raman Bhatia was recruited as Starling’s new CEO, taking over from founder Anne Boden after almost a decade in post. Bhatia has since appointed a new chief banking officer and chief marketing officer, among other hires.
Now he’s recruited former OVO colleague and chief operating officer Joe Gordon as Starling’s new COO. Longtime employee and departing COO Steve Newson will take on the role of group chief technology officer, the company exclusively told Sifted.
In an email sent to staff on Wednesday morning, Gordon said: “Starling has transformed customer experience in UK banking. With my brilliant colleagues across the bank, I’m looking forward to further innovation for customers to set us apart and help us grow.”
Starling is one of the UK’s largest neobanks, with more than 4.2m customers and £11bn in deposits. It’s also raised more than $1.1bn in funding from investors, including the Qatar Investment Authority, Goldman Sachs and Fidelity Investments.
Founded in 2014 by former banking veteran Anne Boden, Starling banks and lends to both retail customers and small and medium enterprises (SMEs) and has £2.3bn on its loan book as of its latest financial results. Last June, Starling reported its third year of profitability.
Read the orginal article: https://sifted.eu/articles/starling-new-coo-news/
