Thursday, December 26, 2024

ClearBank names former Barclays and Starling exec Megan Cooper as new chief product officer

  • Megan Cooper’s Appointment:
    • Megan Cooper appointed as Chief Product Officer (CPO) of ClearBank.
    • ClearBank is a UK-based clearing and embedded banking platform.
  • Previous Leadership Transition:
    • Spiros Theodossiou, former PayPal executive, held the CPO role before Megan Cooper.
    • Spiros Theodossiou was promoted to Group Chief Product and Technology Officer in October.
  • Megan Cooper’s Fintech Background:
    • Cooper brings over a decade of fintech experience to her new role.
    • Previous roles include Head of Digital Strategy and later CPO at Barclays UK, and Chief Platform Officer at Starling Bank.
    • Earlier experience in product manager roles at Xero and Intuit.
  • Board Membership:
    • Megan Cooper has been a board member for digital, technology, and cyber products and services at UK Finance since 2020.
  • Responsibilities as CPO:
    • Cooper is tasked with leading ClearBank’s product strategy and roadmap.
    • Focus on expanding into new markets.
    • Collaboration with client management, innovation, engineering, and risk/compliance teams.
  • Comment from Spiros Theodossiou:
    • Theodossiou highlights Cooper’s wealth of fintech experience, emphasizing her work with both startups and established brands.
    • The appointment aligns with ClearBank’s plans for expansion in products, services, and international markets.

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