Omnio appoints Rachael Lord as the Chief Product Officer

By Megha Bhattacharya

Banking-as-a-Service platform provider, Omnio, announced the appointment of Rachael Lord as the Chief Product Officer in a bid to speed up its European expansion plans. The new CPO will be responsible for the development of the company’s products and services.

Commenting on her appointment Rachael said, “The disruption in the banking and finance sector, that FinTechs like Omnio have driven, has meant banks need to be more flexible to meet the changing demands of commerce and consumers. The emergence of digital-only banking has forced traditional banks to change the way they operate and develop better products that better serve their business and consumer customers.”

“After meeting with Adrian and the team, it was clear to me that Omnio is driving change within the industry with their portfolio of emerging digital banking services. I’m excited to join a team that is a catalyst for positive change in financial technology, enabling everyone to have access to the banking services that they deserve.”

Rachael, recently, held the position of the Chief Product Officer at Vive. She has spent around 10 years at Barclays and is expected to bring around 20 years of experience in product development in the banking and finance sector.

Recently, Banking as a Service platform provider, Omnio announced that KESHO, its Credit Union business, has partnered with Credit Union Financial Analytics (CUFA). The partnership is expected to provide a substantial upgrade to the Credit Union sector’s analytical tools in the UK and the Republic of Ireland through its Curtains platform.

Adrian Cannon, Omnio CEO, said, “Rachael’s addition to the team as Chief Product Officer is a significant moment in the growth and development of Omnio. Having a highly experienced and skilled professional such as Rachael leading the product innovation and development at Omnio will ensure our sustained growth and is another superb addition to the first-class team we are building in Europe.”