OakNorth appoints Jeremiah Norton to its advisory board

By Megha Bhattacharya

OakNorth today announced the appointment of Jeremiah Norton to its Advisory Board. He will work with the executive team to drive the growth of the business’ Credit Science Suite of applications, which enables banks to make more-informed credit decisions and provide a better borrowing experience for businesses.

Rishi Khosla, co-founder of OakNorth, said, “In addition to his extensive experience at the Regulator, Capitol Hill and the Treasury, Mr. Norton also spent a number of years as a FIG banker for JP Morgan, and more recently, founded and has been running his own business as an entrepreneur. He, therefore, brings a unique combination of experience to our advisory board, understanding the needs of our bank partners, as well as the businesses seeking growth capital from them.”

Prior to this, Jeremiah Norton was a board member at the Federal Deposit Insurance Corporation (FDIC), overseeing the agency responsible for the safety and soundness of the US banking system. He also worked at J.P. Morgan and served in the U.S. Treasury Department as the Deputy Assistant Secretary for Financial Institutions Policy under Secretary Henry M. Paulson.

Jeremiah Norton, Advisory Board member at OakNorth, continued, “OakNorth is one of the most exciting growth companies in enterprise software, and has a unique competitive advantage given it also runs its own bank in the UK. I look forward to working with the executive team to help our bank partners around the world provide a better borrowing experience for businesses.”