OBIE seeks to appoint new chief exec

Open Banking Limited is seeking to appoint a new chief executive to lead the executive team at the Open Banking Implementation Entity (OBIE.)

The organisation said that the role requires the new CEO to lead and manage the day-to-day running of the OBIE.

It added that they will be instrumental in transitioning OBIE’s ongoing functions to the future entity, which is still to be determined.

The Competition and Markets Authority (CMA) will publish its response to the consultation on future governance arrangements in early 2022.

Last month, the OBIE’s newly appointed chair Charlotte Crosswell pledged to “acknowledge and learn from past mistakes” after an independent investigation found that leadership failures at the body allowed a “culture of bullying and intimidation to prevail.”

Crosswell’s appointment came after Imran Gulamhuseinwala resigned as OBIE trustee and chair following the investigation commissioned by the CMA.

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