OBIE seeks new chair and trustee as Crosswell exits
The Open Banking Implementation Entity (OBIE) is seeking a new chair and trustee to take over from Charlotte Crosswell (pictured), who is stepping down next year.
Crosswell has been chair and trustee of the OBIE since October 2021. She is due to leave the position on 31 January 2023 to take on a new role as chair of the newly-established Centre for Finance, Innovation and Technology (CFIT).
The recruitment process for a new OBIE chair and trustee will begin “ as soon as possible”.
The new chair and trustee will be required to oversee corporate governance at the OBIE, as well as planning for the transition from the OBIE to a future entity that will be responsible for developing the scope of open banking even further.
The OBIE will also appoint an additional non-executive director to the board of Open Banking Limited, who will oversee this transition period. Furthermore, the OBIE plans to make a number of changes to its operational management structure as it moves beyond the implementation phase.
“It has been an honour to serve as the trustee and chair of the OBIE since October 2021 and I wish my successor well as they take on the role,” Crosswell said.
Read more: Former Zopa CTO joins Mangopay
“The past few years have been an exceptionally exciting period for open banking in the UK. I am proud of what the OBIE team, the wider ecosystem, and other stakeholders have achieved, delivering on the promise of open banking, and creating a world leading framework and thriving sector for the benefit of our citizens.
“I would like to thank all my colleagues at OBIE and the financial services sector that we have worked closely with over the past year. I will continue to support their work and will keep championing open banking and the potential it brings to consumers and businesses alike.”
The OBIE was set up by the CMA in 2016 to deliver open banking in the UK. Before her departure, Crosswell will complete the implementation roadmap, deliver a transition report to the CMA, and help prepare the OBIE for its transition to a future entity.
Read more: Open banking deemed crucial to new Consumer Duty
“Charlotte’s tireless work, dedication and experience have been invaluable as the OBIE prepares for transition post-implementation,” said Henk Van Hulle, chief executive of the OBIE.
“She has led the OBIE with passion and care and will leave the organisation well-prepared for the next phase of open banking.
“Charlotte will soon complete her mandate, moving us beyond implementation and into the interim state. I will work closely with the CMA as they start the search for her successor and will assist in ensuring there is a smooth handover.
“I will also be making further operational and management changes to prepare the OBIE for transition and will work closely with the CMA and the Joint Regulatory Oversight Committee to deliver on our responsibilities as an organisation.
“On behalf of myself, and the whole of the OBIE, I would like to offer Charlotte our sincere thanks and gratitude for what she has delivered and wish her the best for her next challenge.”
Read more: Introducing the P2P CEO of the year contenders
