Revolut appoints city veterans Michael Sherwood and Ian Wilson to its board

By Aisling Finn on Thursday 5 March 2020

Digital Banking

The challenger bank has recently added several experienced members to its board.

Revolut appoints city veterans Michael Sherwood and Ian Wilson to its board
Image source: Picture from Pexels

Revolut has announced today that it has appointed two new non-executive directors to its board.

Michael Sherwood, a former co-chief executive at Goldman Sachs International, and Ian Wilson, who has previously held roles at RBS, Santander and Monzo (where he was Chief Risk Officer), will join the digital bank’s board.

The appointments come just after Revolut completed a massive $500m Series D funding round that saw the company valued at $5.5bn.

Nikolay Storonsky, founder and CEO of Revolut, said: “As we continue to grow our offer and expand into new territories, having Michael and Ian’s vast experience and knowledge will be invaluable.” 

“Both are major assets to Revolut and our customers as we work to become the world’s first truly global bank.”

The two new non-executive directors join fellow experienced board members, Caroline Britton and Bruce Wallace. 
In January it was also announced that Martin Gilbert, the former CEO of Standard Life Aberdeen, co-founder of Aberdeen Asset Management and chairman of the Prudential Regulation Authority practitioner panel, would also be joining Revolut’s board.

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