The Bank of London has appointed Frankie Woodhead as its chief product officer to bolster its leadership team.
In this role Woodhead will spearhead the development and delivery of products across both the UK Bank and Group.
Woodhead brings 15 years of senior leadership experience in business, corporate and retail banking to the bank’s product landscape.
He joins The Bank of London from 10x Banking, where he was vice president and general manager.
Previously, he worked for Barclays in various product director positions, across SME lending, growth, authentication, payments and customer servicing.
The Bank of London is a clearing bank of the UK. It provides payment and settlement services, embedded banking as-a-service, and business and commercial banking solutions.
Anthony Watson, group chief executive and founder of The Bank of London, said: “The Bank of London’s vision is to change the face of banking by making it safer for its clients.
“We’re delighted to welcome Frankie to our team. His extensive experience and forward-thinking mindset will make a major contribution to bringing our vision to life. His appointment also comes at an exciting time as we push further into our home market and prepare to take The Bank of London to new regions outside the UK.”
Woodhead commented: “I’m honoured to take on this role at such a key time for the industry and the growing bank. Having seen the direct client and customer impact of financial crises, it’s clear the world of banking needs to be fundamentally changed to be safer and more transparent.”
He added: “Not lending, investing or leveraging any deposits makes The Bank of London a safer home by design for client and customer money.
“The bank has a bold vision and a product roadmap to completely change the banking landscape. I look forward to working with the team in delivering it.”
Image: The Bank of London