November 2024: Top five movers and shakers stories of the month
November saw a number of new appointments in the financial sector, with numerous institutions announcing executive hires and departures.
Here, we highlight five of the top movers and shakers stories in November, featuring Monzo, Trust Payments, Ixopay, and more.
HSBC Innovation Banking UK names Emily Turner as new CEO
Emily Turner named new HSBC Innovation Banking UK CEO (Image: LinkedIn)
HSBC Innovation Banking UK has completed its search for a new CEO with the appointment of former Citi executive Emily Turner, effective February 2025.
Turner succeeds Erin Platts, who will step down in December to become CEO of Octopus Ventures, a role announced in July. Platts will remain with HSBC as a special advisor following her departure.
Before heading HSBC Innovation Banking UK, Platts served as CEO of Silicon Valley Bank UK for 19 years, until its acquisition by HSBC for £1 in March 2023.
Turner spent 13 years at Citi, where she led business development and headed Citi’s Global Institutional Strategic Investing group. She also served as VP of Citi Markets during her tenure.
Santander’s Getnet names Juan Franco as new global CEO
Getnet, a payment solution provider operating as part of Banco Santander’s paytech arm PagoNxt, has appointed former Nuvei SVP Juan Franco as its new global CEO.
Franco, who will be based in Madrid, will succeed Kush Saxena in the role. Saxena, who has held the position for over two and a half years, has decided to step down for “personal reasons”, according to a company statement.
Saxena is set to shift to an advisory position with Getnet’s board while maintaining his chairmanship of MIT, its Mexican technology partner. PagoNxt acquired a 70% stake in MIT in 2021.
Santander says Saxena’s new remit will involve “overseeing and advising on future projects and initiatives for the business globally”.
Monzo names former Nubank exec Tom Oldham as new group CFO
Monzo’s new Group CFO, Tom Oldham (Image: LinkedIn)
UK digital challenger Monzo has appointed two new chief financial officers: one to manage its UK operations and the other to steer the group’s overall financial strategy.
Tom Oldham has been named Monzo’s group chief financial officer (CFO), succeeding James Davies, who left in October to join energy supplier Ovo as CFO after three years in the role at the challenger.
As well as steering Monzo’s financial strategy, Oldham will lead financial planning across the organisation, oversee global financial operations, and manage investor relations.
Oldham joins Monzo from carbon removal company Mombak, where he has served as chief investment officer for the past year and a half.
Trust Payments appoints Laurence Booth as new CEO
London-based paytech Trust Payments has named former American Express exec Laurence Booth as its new CEO, succeeding the company’s long-time CEO Daniel Holden.
Booth has served as interim CEO at Trust Payments since September 2024. He first joined the company in 2021 and has since held key roles including chief data officer (CDO) and chief information officer (CIO).
Commenting on the appointment, Sir Mike Rake, independent senior non-executive director, states that Booth “laid out a compelling roadmap for the future of the business” and “has demonstrated a consistent focus on shareholder value”.
Suzanne Rudnitzki named new Ixopay president and COO
New Ixopay COO Suzanne Rudnitzki (Image: LinkedIn)
Ixopay, a payment orchestration platform based in Austria, has appointed former Smarsh exec Suzanne Rudnitzki as its new president and chief operating officer (COO).
In her new role, Rudnitzki has been tasked with enhancing and scaling Ixopay’s payment orchestration solution and optimisation modules for clients globally.
Rudnitzki, previously an executive in residence at Ixopay, is credited with playing a “key role” in the firm’s merger with TokenEx, a US-based company specialising in payment data tokenisation, in April.
Prior to joining the Austrian paytech, Rudnitzki spent over four years at Smarsh, a financial compliance tech vendor, where she served as both COO and chief people officer.
