22 February 2024

Former Virgin Money CEO appointed to chair Ozone API’s Board

Written By FinTech Alliance

Former Virgin Money CEO appointed to chair Ozone API’s Board

Dame Jayne-Anne Gadhia selected as new Chair of the Board at global open banking fintech company

Today, Ozone API, a global leader in the open banking sector, announces the appointment of former Virgin Money CEO, Dame Jayne-Anne Gadhia as the Chair of its Board. The appointment follows a successful Series A funding round led by Gresham House Ventures, aimed at fuelling the Ozone API’s ambitious global expansion strategy. It also comes after the company recently hired Mr Open Banking’s Eyal Sivan as General Manager for North America, to mark Ozone API’s expansion into the USA. 

Dame Jayne-Anne has enjoyed a distinguished career spanning over three decades in financial services and technology. She is celebrated for her transformative leadership at Virgin Money and her pioneering efforts in fintech innovation. Notably, she led the acquisition of Northern Rock from the UK Government nearly four years after it was nationalised, successfully integrating it into the Virgin Money Group. She went on to grow the business with the acquisition of a credit card book and the creation of a current account, leading the company to profitability and to a successful sale. 

An advocate for greater diversity in the financial services industry and improved financial inclusion, Dame Jayne-Anne also founded her own money management fintech company, Snoop. Now, as she joins Ozone API’s Board as Chair, the company’s leadership team hopes to benefit from her expert guidance in supporting its mission to revolutionise open banking and finance worldwide. 

Huw Davies, Co-founder and Co-CEO of Ozone API, commented on the appointment, stating, "We are absolutely delighted to welcome Dame Jayne-Anne to Chair our Board. Her unparalleled expertise and vision will offer huge benefit to Ozone API at this pivotal point in our journey. With our recent Series A funding and Dame Jayne-Anne’s guidance, we are perfectly positioned to accelerate our growth and continue our work in revolutionising the global financial ecosystem."

Dame Jayne-Anne also shared her excitement about her new role and the future of Ozone API, commenting, "Joining Ozone API as Chair of the Board is a tremendous honour. The company's dedication to innovation and its impressive track record in open banking are truly inspiring. I am eager to work with the talented Ozone team to drive forward their ambitious plans to accelerate open finance around the globe."

Ozone API, with its roots in the team that pioneered open banking standards in the UK, offers a leading standards-based open API platform. It enables banks and financial institutions worldwide to harness the power of open finance, driving innovation and creating real commercial value. As the company embarks on its next phase of growth, Dame Jayne-Anne's guidance on the board and the recent strategic funding underscore Ozone API's readiness to shape the future of financial services on a global scale.

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