OakNorth Bank announced the new Non-Executive Director

By Joy Dumasia

OakNorth Bank announced the strengthening of its Board of Directors by the new appointment of Carolyn Schuetz as a Non-Executive Director.

Schuetz has over 30 years of experience in the global financial service and is a veteran with a track record for delivering large scale transformational changes and creating new ventures. In the early part of her career, Schuetz had scaled her own business, Cypress Knowledge, a corporate consultancy advising senior executives at early stage financial and technology companies in Silicon Valley.

Carolyn has also worked with Charles Schwab & Co to help build their digital brokerage services platform. In the past 16 years, she has worked with HSBC as Chief Operating Officer for Group Retail Banking and Wealth Management. Carolyn Schuetz is a Chartered Professional Accountant and has completed her MBA from Stanford.

Joel Perlman, Co-founder of OakNorth Bank, said: “Carolyn has several decades of varied and highly relevant experience across technology and financial services. She also has experience as an entrepreneur, which is aligned with our mission and the customers we serve. We are excited to be welcoming her to the Board and look forward to her valuable contribution.”

Launched in the September of 2015 and founded by entrepreneurs, OakNorth Bank provides fast, flexible and accessible debt finance to the UK. OakNorth Bank is authorized by the Prudential Regulatory Authority and regulated by the Financial Conduct Authority.

Recently, IBS Intelligence reported that OakNorth announced the appointment of Jeremiah Norton to its Advisory Board. He will work with the executive team to drive the business’ Credit Science Suite of applications, enabling banks to make more informed credit decisions and provide a better borrowing experience for businesses.