Skip to content

ClearBank appoints UK CEO amid international expansion

ClearBank UK CEO
Emma Hagan, ClearBank UK CEO. Image credit: ClearBank

London-based digital clearing bank and embedded banking unicorn ClearBank has appointed chief risk and compliance officer Emma Hagan as its new UK CEO.

Founded in 2015, ClearBank provides both clearing bank services and an embedded banking API to financial institutions. The fintech became profitable towards the end of 2022 and boosted profits further in its financial report last September.

Hagan joined ClearBank in 2020 as the head of the risk and compliance department. Prior to that, Hagan held several executive roles within risk management and compliance at Silicon Valley Bank UK, which became HSBC Innovation Banking last year following the collapse of parent company Silicon Valley Bank and the subsequent acquisition from HSBC.

As UK CEO, Hagan will oversee the company’s home operations as it focuses on its ambition to expand internationally, particularly within Europe and North America.

“Appointing Emma as UK CEO is a critical step in positioning the bank for international expansion and meeting our growth ambitions in the UK and beyond,” said Shonaid Jemmett-Page, chair of the UK board at ClearBank.

“Emma has been integral to ClearBank’s success since she joined the business in 2020, and she has demonstrated her exceptional leadership and dedication to the business in that time.”

Hagan said: “ClearBank continues to go from strength to strength, buoyed by our unique combination of fully licensed banking services, next-generation technology platform, and innovative business model.”

“It has been a privilege to be part of ClearBank’s impressive journey, and I’m excited to lead our UK team and build on its significant successes to date.”

In December, ClearBank appointed former Barclays and Starling Bank executive Megan Cooper as its chief product officer.

Topics

Register for Free

Get daily updates and enjoy an ad-reduced experience.

Already have an account? Log in