Revolut appoints new board members

Revolut has announced it has appointed Fiona Fry and Peter Estlin as non-executive directors as it prepares to launch as a fully-fledged bank in the UK.

Fry, a qualified chartered accountant, has built a career spanning more than 40 years in professional services. Fiona was a Partner at KPMG for over 23 years, where she focused on governance and culture, primarily in the retail banking sector. She also spent two years on the Financial Conduct Authority’s Financial Services Consumer Panel.

Estlin, who served as Lord Mayor of the City of London in 2018/19, qualified as a chartered accountant in 1985 and became a Partner at Coopers & Lybrand in 1993. He has held senior positions across the banking sector including at Salomon Brothers, which became part of Citigroup, before moving to Barclays as Group Financial Controller and later CFO of the Corporate and Retail Bank, as well as Acting Group CFO.

Richard Holmes, Chairman of Revolut UK, added: “I am delighted to welcome Fiona and Peter to the Board of Revolut UK. Building a Board of experienced financial services talent to serve as Independent Non-Executive Directors is an important step as we seek a full banking licence to better serve the growing UK customer base.”