Revolut appoints senior banking and fintech expert as UK CEO

• Francesca Carlesi joins from Molo, UK’s first fully digital mortgage lender, where she was founder and CEO
• Prior experience in banking includes senior roles at Deutsche Bank and Barclays, as well as at McKinsey & Co. and Bridgepoint Capital.

Revolut, the financial global super app with over 35 million customers, has announced the appointment of Francesca Carlesi as UK CEO.

Francesca Carlesi’s appointment adds to Revolut’s increasingly diverse leadership group as well as wider talent pool. Francesca will start at Revolut in December 2023.

Francesca spent more than 15 years in the financial industry across a range of sectors including private equity, retail and commercial banking, investment banking and asset and wealth management. She held senior roles at Deutsche Bank and Barclays, as well as at McKinsey & Co. and Bridgepoint Capital. Most recently, Francesca founded and was CEO of Molo, the UK’s first fully digital mortgage lender.

Francesca Carlesi, CEO of Revolut UK, commented: “Revolut is the future of digital banking. With nearly eight million customers in the UK and a diversified product offering, the company is at the forefront of change in financial services. There are so many growth opportunities and I couldn’t be more excited to be leading the way for the UK. We have big things planned, so watch this space.”

Richard Holmes, Chairman of Revolut UK, added:“I am delighted to welcome Francesca to the Revolut UK team. As we continue to build out our leadership team, her extensive experience across the banking and fintech sectors makes her the perfect CEO to drive our UK business forward. As a founder of her own fintech, and having spent many years across the banking industry, Francesca knows what it takes to challenge the banking incumbents, and I look forward to celebrating her successes here in the months to come.”

Francesca holds a PhD in Banking and Finance from the University of Rome, an MBA (Hons) from Columbia University and a Diploma from Harvard Kennedy School of Government.

Revolut, which recently launched Revolut 10, a significant overhaul of the design and layout of the app, has over 1,200 employees in the UK and has been officially certified as a Great Place to Work.