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Peer2Peer Finance News | November 18, 2017

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Innovate Finance CEO steps down after two-and-a-half years

Innovate Finance CEO steps down after two-and-a-half years
Suzie Neuwirth

LAWRENCE Wintermeyer (pictured) is stepping down as chief executive of Innovate Finance after two-and-a-half years heading up the fintech trade body.

He departure takes effect at the end of this month, when he will be replaced by Charlotte Crosswell on an interim basis while the association searches for a permanent successor.

Crosswell has extensive experience as a chief executive, non-executive director and advisor in financial services, both in large institutions and in leading and advising start-ups.

“After two and a half years I have decided to leave Innovate Finance to pursue new opportunities,” said Wintermeyer.

“I would like to thank all of the Innovate Finance members, stakeholders, community, and especially my world-class team, for what has been a breathtaking era for UK fintech – what our members have achieved is nothing short of outstanding.

“It has been an honour and a privilege to serve you knowing together we played our part in making the UK the number one fintech ecosystem in the world.”

Read more: UK fintech is at critical juncture and needs support, says Innovate Finance

The organisation’s chair, Natalie Ceeney CBE, thanked Wintermeyer for his contribution to the success of Innovate Finance.

“Fintech is one of the UK’s success stories, now employing over 60,000 people in the UK, and contributing £6.6bn to the economy,” she said.

“Innovate Finance has played a critical part in enabling and supporting fintech’s growth, with Lawrence at the helm.

Read more: UK fintech investment up 37 per cent in first half of 2017

“He took over as chief executive of Innovate Finance when the organisation was only a year old, and has built a strong community of over 250 members, helping their voice be heard by government and regulators. I’d like to say a big thank you to Lawrence for all he’s achieved, and to wish him well in the next stage of his career.”

Innovate Finance was launched in 2014 with the support of the City of London and Canary Wharf Group to represent the UK’s global fintech community. It has more than 250 members, ranging from seed stage start-ups to global financial institutions and professional services firms.

Read more: Why wasn’t the spotlight on P2P at Fintech Week 2017?