Ezechi Britton, a co-founder of financial well-being FinTech Neyber, has been appointed as CFIT’s first CEO
In Brief:
CFIT is being brought into life as part of the independent review of UK fintech announced in early 2020 and chaired by Sir Ron Kalifa
Charlotte Crosswell, the former CEO of Innovate Finance is CFIT’s first chair. The organisation will also have a ‘steering committee’ which will be chaired by Kalifa.
HM Treasury will pay £5m of seed funding to set up CFIT with the City of London Corporation also contributing £500,000 but it is planned for the organisation to be a self-financed private sector-led body after its initial phase
What does this mean?
Britton commented: “I am honoured to take on the position of the first CEO of CFIT and to have the opportunity to make the UK the undisputed leader in FinTech globally. I look forward to working with the financial services, FinTech and technology sectors across the UK to drive FinTech growth, attract diverse talent into the FinTech sector, and ensure better outcomes for consumers and SMEs”