The Open Banking Implementation Entity (OBIE) is looking for a brand new chair and trustee to take over from Charlotte Crosswell (pictured), who’s stepping down subsequent 12 months.
Crosswell has been chair and trustee of the OBIE since October 2021. She is because of go away the place on 31 January 2023, along with her substitute set to take up their new contract on 1 February 2023.
The recruitment course of for a brand new chair and trustee will start “ as quickly as attainable”.
The brand new chair and trustee might be required to supervise company governance on the OBIE, in addition to planning for the transition from the OBIE to a future entity that might be accountable for growing the scope of open banking even additional.
The OBIE can even appoint a further non-executive director to the board of Open Banking Restricted, who will oversee this transition interval. Moreover, the OBIE plans to make quite a lot of adjustments to its operational administration construction because it strikes past the implementation section.
“It has been an honour to function the trustee and chair of the OBIE since October 2021 and I want my successor nicely as they tackle the position,” Crosswell mentioned.
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“The previous few years have been an exceptionally thrilling interval for open banking within the UK. I’m pleased with what the OBIE crew, the broader ecosystem, and different stakeholders have achieved, delivering on the promise of open banking, and making a world main framework and thriving sector for the advantage of our residents.
“I’d wish to thank all my colleagues at OBIE and the monetary providers sector that we’ve labored carefully with over the previous 12 months. I’ll proceed to assist their work and can hold championing open banking and the potential it brings to customers and companies alike.”
The OBIE was arrange by the CMA in 2016 to ship open banking within the UK. Earlier than her departure, Crosswell will full the implementation roadmap, ship a transition report back to the CMA, and assist put together the OBIE for its transition to a future entity.
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“Charlotte’s tireless work, dedication and expertise have been invaluable because the OBIE prepares for transition post-implementation,” mentioned Henk Van Hulle, chief government of the OBIE.
“She has led the OBIE with ardour and care and can go away the organisation well-prepared for the following section of open banking.
“Charlotte will quickly full her mandate, transferring us past implementation and into the interim state. I’ll work carefully with the CMA as they begin the seek for her successor and can help in guaranteeing there’s a easy handover.
“I can even be making additional operational and administration adjustments to organize the OBIE for transition and can work carefully with the CMA and the Joint Regulatory Oversight Committee to ship on our obligations as an organisation.
“On behalf of myself, and the entire of the OBIE, I want to supply Charlotte our honest thanks and gratitude for what she has delivered and want her the most effective for her subsequent problem.”
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