Metro Bank finance director steps down to take new role at Revolut
Metro Bank’s finance director is leaving the embattled lender to take on a new role at fast-growing financial technology group Revolut.
David Maclean is joining the digital firm after stepping down from his role at Metro Bank, which has suffered a torrid six months in the wake of a major accountancy error.
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His exit marks the latest in a string of recent senior management changes at the high street bank, which last week posted plunging profits and announced the departure of its chair.
According to Sky News, which first reported the move, former Goldman Sachs executive Michael Sherwood is also set to join Revolut as a non-executive director while asset management veteran Martin Gilbert is being touted as the new chairman.
Nik Storonsky, Revolut’s founder and chief executive, said: “Dave brings a wealth of banking and financial services experience to the table and, as we prepare to launch Revolut in new international markets, will play a crucial role in our mission to help improve the financial wellbeing of millions of people worldwide.”
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Maclean’s appointment, which comes after Revolut’s finance chief Peter O’Higgins stepped down at the start of this year, is subject to regulatory approval.