Bank of England’s Cordelia Kafetz joins Starling Bank

By Oliver Smith on Friday 29 January 2021

Digital Banking

As newly-appointed head of financial risk.

Bank of England’s Cordelia Kafetz joins Starling Bank
Image source: Cordelia Kafetz.

Cordelia Kafetz, who established the Bank of England’s fintech hub back in 2018 and most recently worked as leader of the Payments Policy Team, has left one bank for another.

Yesterday Starling Bank announced that Kafetz would be joining it as head of financial risk, reporting into Laurence Potter as the bank’s chief risk officer.

Kafetz has long been an advocate of fintech with her 15-years at the Bank of England covering everything from the future of cash to cryptoassets and central bank digital currencies.

The executive often appears on lists of the most influential players in fintech and was named on AltFi’s 2019 Powerlist 50.

“I have been privileged to have worked with such intelligent and enthusiastic friends and colleagues when I was supervising banks during the global financial crisis and, since then, leading work to support innovation in financial services in a safe way through reducing barriers to entry for new banks, setting the Bank's fintech strategy and developing robust standards so that innovation in payments can be durable,” Kafetz wrote on LinkedIn last week.

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