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Allica Bank hires three senior FinTech executives to strengthen UK market position

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October 05, 2020

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Allica Bank today announced the appointment of three senior FinTech executives in a bid to boost its service offering and market position in the UK. The Bank has hired Conrad Ford as its new Chief Product Officer, Andy Carroll as the new Head of Product for  Payment Accounts and Chloe Fenton as the new Head of Marketing.

Richard Davies, Chief Executive Officer, Allica Bank, commented on the new appointments, “It’s testament to our growth and the strength of Allica Bank that we can attract industry leaders like Conrad, Chloe and Andy. It’s exciting to be able to bring onboard their depth of talent and experience to help shape the future of the bank as we develop leading-edge product and marketing capabilities.”

Previously, Conrad Ford was the CEO of Funding Options. The new Chief Product Officer will be responsible for developing and implementing the bank’s future product strategy. He is also expected to further develop Allica’s platform and ensure a unified product vision as the bank seeks to deliver a full suite of banking products to support SMEs.

Conrad Ford, Chief Product Officer, Allica Bank, commented, “…In other areas of running a business, providers like Xero have delivered dramatic upgrades with mobile and cloud technology, and there’s no reason why the same can’t be done for business relationship banking in conjunction with real human relationships. It’s crazy that no one has attacked this problem yet, when you think that established firms represent a quarter of UK GDP, far more than the micro-business segment that has received so much focus from neo-banks. I see no reason why we can’t build the best SME bank in the world, right here in the UK, and I’m delighted to have the opportunity to do so alongside this incredibly dedicated team.”

The new Head of Product for Payment Accounts will be responsible for leading the strategy, design and delivery of Allica Bank’s new payment account offering. Chloe Fenton will be overseeing all marketing activities and focus on further raising awareness of Allica Bank’s straightforward proposition, that combines the expertise of local relationships with best-in-class technology, to drive SMEs success.

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