50
ON THE MOVE
On the move
joined Barclays Africa Group as Group Chief Security Officer (CSO). “I will be joining an incredible team in South Africa already doing great work across the continent, and am charged with building and running an end-to-end security function that will include cybersecurity, information security, fraud, analytics, and physical security (among others),” she says.
K
Davies was previously at Hewlett Packard Enterprise, where she held the positions of VP and Deputy Chief Information Security Officer and VP – Enterprise Security Strategy & Transformation Solutions.
Upstart, pictured, an online lender founded by ex-Googlers, has brought Sanjay Datta onboard as CFO. He was formerly VP of Global Advertising Finance at Google.
It has also raised $32.5 million in a funding round led by Japan’s Rakuten and an unnamed “large US-based as- set manager”. Existing investors Third Point Ventures, Khosla Ventures, and First Round Capital also participated. Oskar Mielczarek de la Miel, Managing Partner of the Rakuten FinTech Fund, is joining Upstart’s Board of Directors.
The US startup, which expects to turn a profit this year, plans to use the cash to fuel further growth and also licence its technology to banks, credit unions and retailers looking to make low-risk — and profitable — loans to their own customers
irsten Davies has
Citigroup has unveiled Yolande Piazza as the permanent head of its FinTech unit. She had been in the role on an interim basis since August, stepping in when Chief Executive of Citi FinTech, Heather Cox, left for USAA.
Piazza has held several technology leadership roles, including Chief Operating Officer at Citi FinTech. In a memo, Stephen Bird, Chief Executive of Citi’s global consumer bank, said: “Under her leadership, we successfully launched a new set of features for US Retail Bank clients that make us the first global bank to integrate banking and wealth management on mobile — epitomising playing to win.”
Canada/UK-based blockchain venture, BTL, has announced the addition of Jon Downing to its advisory board. He joins from Visa Europe’s Innovation Hub, Visa Collab, where he set up and led the blockchain practice and was responsible for leading multiple proof of concept initiatives with startups, including BTL, testing ideas for new products and services across the pay- ments ecosystem.
“I am joining BTL because I passion- ately believe in the transformational potential of blockchain and distributed ledger technologies,” says Downing. “BTL have correctly identified and solved for the privacy and scalability challenges through the innovative de- sign and architecture of their Interbit solution – which I directly experienced during the Interbank Settlement pilot, along with BTL’s focus on excellence,
meeting and exceeding client expecta- tions, along with building a compel- ling vision for the future. I look forward to working with its leadership team and board of directors to help realise the company vision of bringing the world’s critical systems into consen- sus.”
Not-for-profit distributed ledger technology trade association, The Wall Street Blockchain Alliance (WSBA), has added Dr. Julio Faura to its Board of Directors.
Dr. Faura is head of R&D for innovation initiatives at Spain’s Banco Santander. He comments: “We are witnessing a rapid evolution of blockchain technol- ogy towards enterprise-grade readi- ness, unravelling the enormous pos- sibilities of shared ledgers and smart contracts. I think it is now time to work collectively to better understand how this technology can effectively be used in a compliant and secure way. The goal is to advance the use of blockchain technology in order to offer customers services that are more efficient, faster and safer for numerous financial transactions.”
www.ibsintelligence.com © IBS Intelligence 2017
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