Revolut, a leading fintech company, has announced the appointment of Francesca Carlesi as its new UK CEO. With a mission to secure a banking licence, Revolut aims to strengthen its position in the financial industry. Carlesi, who brings more than 15 years of experience in fintech and banking, was previously the founder and CEO of digital mortgage lender Molo Finance. She has also held senior roles at Deutsche Bank and Barclays, and has a decade of experience at McKinsey.
Richard Holmes, the Chairman of Revolut UK, believes that Carlesi’s extensive experience across the banking and fintech sectors makes her the ideal CEO to drive the UK business forward. As a founder of her own fintech company and with a strong background in the banking industry, Carlesi understands the challenges faced by the incumbents. Her appointment is expected to bring success to Revolut in the coming months.
Focus on Banking Licence
Carlesi will assume the role of UK CEO next month and will concentrate on Revolut’s efforts to secure a banking licence in the UK. The application process has been ongoing for two and a half years. With nearly eight million customers in the UK, Revolut aims to provide a comprehensive banking experience to its users. The fintech company has delayed reporting its annual accounts for the second consecutive year, receiving a three-month extension to report by the end of this year.
Design Overhaul and Growth Opportunities
Revolut recently revamped its consumer-facing app with the launch of Revolut 10. The new design aims to encourage more users to choose Revolut as their primary bank, presenting numerous growth opportunities. Carlesi expressed her excitement about leading the way for the UK and revealed that the company has big plans in store. Revolut is committed to increasing the representation of women in leadership roles and aims to achieve a 30% target by 2025. Carlesi’s appointment further strengthens the diversity of the company’s leadership group and talent pool.