Lilleby will oversee technology and cybersecurity as the digital payment bank continues to advance its wholesale FX and cross-border payments services across developing, emerging and frontier markets
London, UK, 18 June 2019: Crown Agents Bank today announced the appointment of Ian Lilleby as Executive Vice President, Group Chief Technology Officer and Chief Information Security Officer. Sitting on the Crown Agents Bank Executive Committee, Ian will play a crucial role in overseeing technology and cybersecurity with the organisation as the digital payment bank continues to advance its wholesale FX and cross-border payments services across developing, emerging and frontier markets.
Ian joins the bank with over 25 years experience across highly complex and regulated environments. This includes leading technology driven innovation across several industry sectors and building highly scalable platforms. Combined with deep expertise in AI, blockchain and cloud technologies, his previous roles in both large global organisations as well as disruptive FinTech startups provide him with unique insights and experience for tackling the next generation of global financial players.
This appointment is one of several senior hires for Crown Agents Bank and will see Ian contribute to the realisation of the bank’s vision and future strategy.
Ian Lilleby, EVP, and Group CTO/CISO of Crown Agents Bank, commented: “The challenges that global businesses face when trying to send payments into and across developing, emerging and frontier markets has a huge impact on those who depend on them. It is more important than ever that we continue to leverage advanced technologies to break down barriers and deliver efficient payment solutions in support of the markets we serve. I am excited to join the team as we drive forward this next stage of our growth and build on the unique market position and heritage that Crown Agents Bank has.”
Albert Maasland, CEO of Crown Agents Bank, added: “It is by integrating digital capabilities and leading technology that Crown Agents Bank can uniquely deliver payments and FX services efficiently and securely across developing, emerging and frontier markets. With this in mind we are delighted to welcome Ian to the senior Crown Agents Bank team; he is a highly experienced and well-regarded technology leader who is well placed to help us realise our next iteration of growth and development.”
Crown Agents Bank moves money to, from and across developing, emerging and frontier markets, with a 185-year heritage of trusted access. In April this year, the bank announced its acquisition of the enterprise business and payment gateway product of Segovia, a US venture-backed technology company focused on frontier market payments. The move will enable both organisations to work together to offer a uniquely scalable, flexible, and efficient payment solution for global businesses paying into frontier and developing markets.