ClearBank appoints Emma Hagan to oversee UK operations

credit: Shutterstock
credit: Shutterstock

ClearBank has announced that Emma Hagan has been appointed as CEO of the financial institution’s UK branch to oversee all operations in the country. 

Subject to regulatory approval, Hagan will be responsible for strengthening ClearBank’s presence in the UK, where the firm provides banking services to blue chip clients such as Chip, Tide and Welathify and look to maintain the profitability it achieved in 2022. 

Charles McManus, CEO at ClearBank, said: “It’s with great pleasure that we welcome Emma as our UK CEO. 

“Emma brings with her a wealth of experience and deep knowledge about our business and the space we operate in, having already contributed immensely to our success in her role as CRCO. We’re incredibly excited to see her lead our UK business to new heights.”

Hagan is promoted from her previous role as ClearBank Chief Risk and Compliance Officer, where she held similar roles at Lloyds Bank and HBOS

With an additional 15 years of industry experience, Hagan aims to build upon ClearBank’s “impressive journey” as the company’s new UK CEO. 

She commented on her appointment: “ClearBank continues to go from strength to strength, buoyed by our unique combination of fully licensed banking services, next generation technology platform, and innovative business model. 

“It has been a privilege to be part of ClearBank’s impressive journey, and I’m excited to lead our UK team and build on its significant successes to date.”

The new UK appointment serves as an indicator of ClearBank’s growing international expansion strategy, with further plans to enter new European markets as well as North America. 

Last October, Hagan spoke to Payment Expert on the lessons learned from the Silicon Valley Bank collapse, where she worked as Chief Risk Officer for EMEA.