Bank of England (BoE) FinTech leader Varun Paul is set to join US cryptocurrency firm Fireblocks.
Paul was previously Head of the Fintech Hub at the central bank.
The executive has spent over 13 years in different roles at the BoE, where he initially started as a UK trade economist, including senior manager, future of finance and head projects and FinTech, financial stability.
Fireblocks provides infrastructure solutions that aim to secure and speed up the transfer of digital assets such as Bitcoin and Ethereum.
Paul’s role at the company was not specified.
Fireblocks has been active in terms of hiring senior public sector staff.
The firm appointed former US Securities and Exchange Commission (SEC) chair Jay Clayton to its advisory board in August.
“16 years after starting my first internship and more than 13 years after starting as a graduate, today I’ve parted ways with the Bank of England,” wrote Paul in LinkedIn post. “I have loved my time here - because of the great people and the varied and incredibly rewarding work.”
He added: “And because I’ve been given the space to drive forward the agenda on the things, I’m passionate about.”
Latest News
-
Deutsche Bank, ING and Santander join Mastercard cyber defence exercise
-
Santander to merge Openbank and Santander Consumer Finance
-
Klarna launches digital wallet in bid to ‘disrupt UK retail banking’
-
Bank of England halves banker bonus deferral to four years
-
Visa launches protocol for agentic commerce
-
FCA boosts blockchain-based fund innovation with new plan
Data trust in the AI era: Building customer confidence through responsible banking
In the second episode of FStech’s three-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech examines the critical relationship between data trust, transparency, and responsible AI implementation in financial services.
Banking's GenAI evolution: Beyond the hype, building the future
In the first episode of a three-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech explores how financial institutions can navigate the transformative potential of Generative AI while building lasting foundations for innovation.
Beyond compliance: Building unshakeable operational resilience in financial services
In today's rapidly evolving financial landscape, operational resilience has become a critical focus for institutions worldwide. As regulatory requirements grow more complex and cyber threats, particularly ransomware, become increasingly sophisticated, financial services providers must adapt and strengthen their defences. The intersection of compliance, technology, and security presents both challenges and opportunities.
Unleashing generative AI: A force multiplier for financial crime teams
This FStech webinar, sponsored by NICE Actimize sees industry experts examine the revolutionary impact of generative AI on financial crime operations, and provides actionable insights to enhance your compliance strategies.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories