Bank of London appoints former ClearBank finance chief as CFO

The Bank of London has hired the former chief financial officer (CFO) of its clearing bank rival ClearBank.

Marc Jenkins joins the Bank of London as CFO of its UK operation from Metro Bank, where he was most recently acting CFO, and before that, worked as CFO and sat on the board of ClearBank.

Prior to ClearBank and Metro Bank, Jenkins held various roles as he rose through the ranks at both NatWest and Mastercard.

“Marc has a distinguished career as a senior financial services executive and brings a wealth of experience and leadership skills across a broad range of corporate finance, accounting, strategy, stewardship, and governance,” said Anthony Watson, group chief executive and founder of The Bank of London.

In his new role, Jenkins will be responsible for all of the accounting, finance and corporate treasury functions for the Bank of London’s UK Bank, while working closely with the rest of the senior leadership team.

The Bank of London has been on a senior hiring spree as of late, with Phil Knight appointed as CTO and group chief information security officer just last month, and a new deputy CEO earlier this year in April.

Expansion is also happening internationally, with the Bank of London scaling up its US operations with over 350 new hires planned for its tech hub in Charlotte, North Carolina.