– UK, London – Wise plc (LON: WISE), the global technology company building the best way to move and manage money around the world, today announced the appointment of Libby Chambers to its Board as Independent Non-Executive Director, and the appointment of Independent Director Clare Gilmartin as Senior Independent Director both with effect from 19 April 2023.
“We are building a world-class Board to help enable them and Libby is part of this, bringing a wealth of experience from nearly three decades in the financial industry. Clare has been an invaluable member of the Board since joining in 2021, so we’re very pleased to have her take the SID role. I’m delighted to announce both changes as we prepare for the next phase of Wise’s growth,” said Board Chairman, David Wells, Chair.
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Clare Gilmartin was formerly CEO of Trainline and has been a director on the Wise Board since June 2021 and Chair of its Remuneration Committee.
Clare Gilmartin said: “Over the past two years, I’ve had the opportunity to get closer to the metal as Wise continues to make strides in its mission towards money without borders by scaling to new markets and building new products. I am thrilled to expand my role at Wise today, and help Wise as it continues on its mission and revolutionises international money for everyone, everywhere.”
About Elizabeth G. Chambers
Libby holds non-executive board positions at TSB Bank, Vanquis Banking Group, and Evelyn Partners, and is an operating partner at Searchlight Capital, supporting their investments in fintech. A former McKinsey partner, and later chief marketing and strategy officer for Barclays, Barclaycard, Western Union, and Freshfields, Libby brings a deep understanding of the financial industry to the Wise Board. Libby will also be appointed as a member of the Remuneration Committee.
Libby Chambers said: “Wise is a truly unique part of the financial ecosystem, with its bold and ambitious aim to change the way people, businesses, and even banks move and manage money. I have long been impressed with the strategic clarity, enthusiasm, and energy that the company brings to achieving this goal and its track record of innovation and consistent delivery. Having worked with global banks, payments providers, wealth managers, and consumer lenders, I’m excited to bring this experience to the Board at Wise, and to support the leadership team in achieving these aspirations.”
About Wise
Wise is a global technology company, building the best way to move and manage money around the world. With the Wise account, people and businesses can hold over 50 currencies, move money between countries and spend money abroad. Large companies and banks use Wise technology too; an entirely new cross-border payments network that will one-day power money without borders for everyone, everywhere. However you use the platform, Wise is on a mission to make your life easier and save you money.
Co-founded by Kristo Käärmann and Taavet Hinrikus, Wise launched in 2011 under its original name TransferWise. It is one of the world’s fastest-growing, most profitable technology companies and is listed on the London Stock Exchange under the ticker, WISE.
16 million people and businesses use Wise globally, which processes around £9 billion in cross-border transactions every month, saving customers around £1.5 billion a year.
For more information: https://wise.com/
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