The City of London Corporation has published the job advert for the CEO of CFIT.
In Brief:
As recommended in the Kalifa Review, CFIT is the Centre for Finance, Innovation and Technology.
It seeks a CEO to develop a “robust business plan” against objectives which will bring growth to the FinTech sector.
CFIT says its aims is “to accelerate opportunities and unblock barriers to growth for fintech, by bringing together the best minds from the ecosystem, to drive better outcomes for consumers and SMEs across the UK.”
What does this mean?
The City of London Corporation is in charge of appointing the new CFIT boss and is looking for someone with “deep understanding of the financial innovation ecosystem in the UK”, as well as being able to support the long term funding of the project.