Digital money transfer company WorldRemit has confirmed the appointment of experienced technology industry executive Sophie Krishnan as Chief Operating Officer.
It comes as the business seeks to strengthen efficiency and deepen its ability to allow secure, quick and affordable international payments. As a member of the Executive Committee, she will report to CEO Breon Corcoran.
Corcoran commented on the appointment: “I am delighted that an executive of Sophie’s calibre and industry experience has chosen to join WorldRemit at this exciting time. WorldRemit has been a pioneer in making money transfers as easy as sending a text and as we continue to grow and stand out on speed, service, security and value, we need strong leadership. I welcome the insight and rigour that she will bring and look forward to working with her.”
Krishnan joins having held senior management roles at consumer-facing disruptors like Expedia and Trainline, where she led product, marketing and commercial teams.
She previously spent over a decade in investment and strategic advisory at Investor AB and Bain & Co in the USA and in Europe. She has volunteered for NGOs in Africa and Latin America and holds an MBA from Stanford business school.
On her new role, she emphasised: “I am excited to be joining WorldRemit at this critical time as we move into this next phase of growth. WorldRemit is a leader in our field and we have exciting plans to accelerate our growth, help customers transfer money securely and quickly and reduce the cost to them.”
The appointment comes as WorldRemit embarks on a period of growth following a successful $175m Series D fundraise. The company is accelerating its plans for global growth, including by expansion into new service areas.