Recognise Bank

Recognise Bank appoints CTO

Recognise Bank has appointed Sahil Thapa as its chief technology officer.

In his new role, he will head up the lender’s newly created innovation team, which will focus on developing new and existing products and services, as well as creating new revenue streams.

Sahil, who has significant experience working in the banking sector, primarily in technology and change roles, joins Recognise from Deutsche Bank, where he was responsible for strategy execution, business architecture and data.

Commenting on his appointment, Sahil said: “In a financial services sector where there is growing choice and competition, it is important for banks to maintain customer centricity, while continuing to innovate and be relevant to customer needs. 

“An important lever for innovation is not just what is done by a bank, but more importantly how it is done — this is where technology teams can be catalysts for change and innovation. 

“At Recognise, we will use technology, data and our SME banking experience to create products and services that help companies do more business and do it better.”

Bryce Glover, CEO at Recognise, added: “Technology has been the bedrock of Recognise since the beginning, and it meant we could build the bank quickly and cost-effectively by partnering with some the sector’s leading fintech providers. 

“Having established Recognise as a force to reckon with in the SME marketplace, as shown by our £100m in lending, we need to move forward and create a bank for a small business sector that is rapidly changing.

“I’m delighted we have been able to attract somebody of Sahil’s calibre and experience — I truly believe he has the vision and ability to lead the bank’s technology strategy and give us the tools to help accelerate our growth.”

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