BankingBusinessFinTech

Anthony Watson steps down from role as CEO of The Bank of London

  • Anthony Watson is stepping down as CEO to become a senior adviser at the bank. He will remain a non-executive director and shareholder of the group’s holding company.
  • Stephen Bell, the bank’s chief risk and compliance officer, will become the new CEO, pending regulatory approval.
  • Watson described this decision as “challenging” but believes it is the right time after eight years leading the company.
  • The Bank of London, founded in 2021, provides clearing services to over 4,500 businesses in the UK and aims to expand in the EU.
  • The bank applied for an EU banking licence in July 2022 and pledged to invest €200 million in Luxembourg and the region, though no updates have been provided regarding the application.
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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