Hagan has over 15 years of experience in the financial business, which she contributes to the position. She held several positions at HBOS and Lloyds Bank in addition to her present position as Chief Risk and Compliance Officer at ClearBank. She was previously Silicon Valley Bank's Chief Risk Officer for EMEA.

Hagan's newly created post will entail managing every facet of ClearBank's UK operations and bolstering the bank's standing in the country's banking industry. The bank has been profitable since 2022 and services well-known customers like Chip, Tide, Raisin, and Wealthify. The bank recorded an 80% rise in deposits, a 40% increase in payment volumes, and a 144% increase in revenue growth in H1 2023.

According to Shonaid Jemmett-Page, Chair of ClearBank's UK Board, "appointing Emma as UK CEO is a critical step in positioning the bank for international expansion and meeting our growth ambitions in the UK and beyond." "Since joining the company in 2020, Emma has played a crucial role in ClearBank's success, exhibiting remarkable leadership and unwavering devotion to the enterprise throughout that period."

We are delighted to have Emma join our UK CEO team. In her capacity as CRCO, Emma has already made a significant contribution to our performance and brings with her a wealth of expertise and in-depth knowledge of our industry," stated ClearBank CEO Charles McManus. "We're thrilled to have her in charge of our UK company."

Emma Hagan, the new CEO of ClearBank UK, stated, "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." "I'm thrilled to lead our UK team and build on ClearBank's significant successes to date. It has been a privilege to be a part of this incredible journey."

One of the most important organizational adjustments ClearBank made to assist its goals for international growth was the appointment of Hagan as CEO of the UK. As the bank works to fulfill its expansion objectives throughout Europe, North America, and other areas, the structural change will underpin an international model for the organization.