UK challenger OneBanx appoints Javed Anjum as new CEO
UK challenger OneBanx has appointed its former board member, Javed Anjum, as its new CEO following previous boss Duncan Cockburn’s move to London-based insurtech Zego in February.
OneBanx, which is part of the Glory Group, says it has tasked its new CEO with delivering “technology solutions that solve today’s cash challenges while enabling transition to an increasingly digital future”.
Toshimitsu Yoshinari, OneBanx board director and chief solution officer at Glory Global Solutions, believes Anjum brings a “wealth of local and global experience in multi-channel banking and branch transformation” to the position.
Yoshinari adds that this expertise will prove beneficial as the fintech “renews its focus” on supporting the financial industry’s compliance with the Financial Conduct Authority’s (FCA) forthcoming rules concerning access to cash.
Before assuming the role of CEO at OneBanx, Anjum held various positions at Glory, most recently acting as the UK-based cash technology solutions provider’s innovation programme director. Prior to this, he served at NCR Corporation, a US IT consulting and services firm, where he worked as a software business specialist for the UK and Ireland in his final year with the enterprise.
Last summer, Glory acquired a majority stake in OneBanx, followed by the purchase of additional shares in December. Now the recent promotion of its former employee underscores Glory’s increasing control and influence within the challenger.
Speaking on his appointment, Anjum says: “The company has the potential to revolutionise small business transaction processing through its modern technology platform”.