AppointmentsFinTech

Charlotte Crosswell will step down from her position as CEO of UK FinTech industry body Innovate Finance听next month.

COO听Janine Hirtwill take over听on an interim basis听from 1st May.听

Crosswell has served in the top job for almost four years.听Appointed in 2017, she has played a pivotal role in听the body鈥檚efforts to accelerate the UK’s leading role in financial services by directly supporting the next generation of technology-led innovators.

This included leading Innovate Finance鈥檚 contribution as co-Secretariat to the landmark Kalifa Review, which set out a plan for the UK to retain its global leadership in FinTech by helping the country鈥檚 financial technology firms to scale up, access the talent and finance they need, and deliver better financial services.

鈥淎fter nearly four years as CEO of Innovate Finance, the time has come for me to step aside,鈥 said Crosswell.

It has been a privilege to lead the UK鈥檚 FinTech industry body through a period of tremendous growth, which has seen our members scale globally and the sector cement its position as a world leader.

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鈥淚 have thoroughly enjoyed working with all our members, the government, regulators and the wider global ecosystem, to champion the innovation taking place in our financial services sector and lift the profile of Innovate Finance to be the voice of UK FinTech.听

鈥淭he recommendations of the recently published Kalifa Review herald the start of an exciting period of growth for both UK FinTech and Innovate Finance. The strategy defined in the review will accelerate significant opportunities to move the sector forwards as the industry matures.

鈥淲ith the Kalifa Review complete and the increased profile of the FinTech sector and our members, it feels the right time to hand over the reins.听

FinTech and Innovate Finance have a significant role to play in the next phase of our financial services innovation, and I am looking forward to staying close to the听蝉别肠迟辞谤.鈥

Natalie听Ceeney, Chair of Innovate Finance, said: 鈥淐harlotte has done a truly incredible job for the last four years as CEO of Innovate Finance to promote and support the FinTech ecosystem and how it is positioned across the UK and overseas.听

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鈥淭he UK remains the best place to start and grow a FinTech company and the sector has a significant role to play in the future of financial services. Charlotte leaves Innovate Finance extremely well placed to support our members, to advocate for the sector and the role it can play in the UK鈥檚 economic recovery. I wish Charlotte all the very best for the future.

鈥淐harlotte will closely work with Janine to ensure a smooth transition for our members and our work across the ecosystem.鈥

Hirt听added:听“I am honoured and hugely excited to lead Innovate Finance into a new phase, building on the great work undertaken by Charlotte.听听

As UK FinTech has strengthened and matured, it has contributed to creating a fairer, more inclusive and efficient financial services sector.听

I look forward to working closely with our amazing IF team, our members, Government, regulators and the entire ecosystem, to ensure the UK retains its world-leading position in financial innovation.”