CivilisedBank has announced the appointment of Michele Turmore (pictured above) as its new chief operating officer (COO).
Michele joins from Harrods Bank, where she was also COO.
At Harrods Bank, she developed and put in place systems, processes and operational efficiencies to support delivery of the overall business plan through a period of expansion and during the sale of the bank.
Before joining Harrods Bank, Michele worked at Lloyds Banking Group, where she held a number of roles at senior manager and director level.
She joins CivilisedBank after it recently announced that it would be reapplying for a banking licence to give it more time to develop its technology platform.
“I am delighted to be joining CivilisedBank at such a crucial phase of its development,” said Michele.
“Its innovative concept provides a proposition for SMEs not currently being offered by the larger high street and online-only banks, and to be part of a team bringing this to fruition is really exciting.”
Mark Stephens, CEO at CivilisedBank, said he was thrilled that Michele was joining CivilisedBank.
“She has a fantastic reputation within the industry for delivering hugely transformational programmes for some of the biggest names in banking, and her joining the team is another key step on our path towards launch.”
-
Temenos partners with ClearBank for cloud payments
Banking software company Temenos has formed a strategic relationship with ClearBank to provide banks with a faster route to market for real-time cloud payments...
-
Unity Trust Bank registers 34% rise in profits
Unity Trust Bank increased profits by 34% in 2019...
-
Believe the hype – why explainable AI is a trend that’s here to stay
Technology has become a ubiquitous part of our day-to-day lives...
-
Piloting tech updates: ‘The bigger the bank, the harder it is to get anything done’
In the latest Medianett filmed roundtable session, we discussed how important technology is in the banking space, and what impact the industry expects it to have on its businesses in the future...
-
What banks need to know about cloud security
One of the most common perceived concerns when adopting the cloud is the issue of security...
-
OakNorth sees 95% increase in pre-tax profits
OakNorth Bank has announced a 95% rise in pre-tax profits in 2019 to £65.9m, up from the £33.9m recorded in 2018...
-
Redwood Bank signs up to Women in Finance Charter
Redwood Bank has announced that it has signed up to the Women in Finance (WIF) Charter...
-
Masthaven launches digital Women in Leadership programme
Masthaven Bank has launched a new Women in Leadership digital development programme for female senior leaders...
-
Protecting against supply chain disruption and the domino effect
Disappointingly, many UK SME business owners don’t understand their supply chains...
-
Confused about which Isa to choose? Hopefully this mini-guide will help…
We are now firmly in Isa season, so you’re likely to read multiple articles about the most competitive Isa products in the market and how best to make the most of your Isa allowance before the end of the tax year...
-
Garden shed entrepreneurs contribute £16.6bn to the UK economy
Entrepreneurs who run their businesses from garden sheds contribute £16.6bn annually to the UK economy, according to a recent study...