Sunday, December 22, 2024

Starling Bank names Ovo chief Raman Bhatia as new group CEO

  • Starling Bank has appointed Raman Bhatia as its new group chief executive officer (CEO), replacing interim CEO John Mountain.
  • Bhatia currently serves as the CEO of Ovo Energy, a UK-based renewable energy solutions provider, where he has held various leadership roles, including COO.
  • Prior to joining Ovo Energy, Bhatia served as head of digital banking for HSBC’s retail banking and wealth management business in the UK and Europe, overseeing brands such as First Direct and M&S Bank.
  • Bhatia is expected to lead growth initiatives across Starling Bank’s business and retail banking units, as well as its Banking-as-a-Service (BaaS) technology platform Engine.
  • Starling Bank aims to introduce its BaaS platform to new markets in the Asia-Pacific region under Bhatia’s leadership.
  • David Sproul, chair of Starling Bank, and Anne Boden, the bank’s founder, express confidence in Bhatia’s ability to drive significant opportunities and lead the bank into its next phase of growth.
  • Bhatia is set to assume his role as CEO of Starling Bank in early summer, pending regulatory approval.

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