Credit reference agency Credit Kudos has appointed open banking specialist and ex-Barclays executive Manoj Peiris as its new head of legal.
Peiris (pictured) was previously legal counsel at Barclays UK, where he advised on and negotiated the implementation of the CMA Retail Banking Market Investigation Order 2017 and PSD2. He has more than 16 years’ experience in legal roles at financial institutions, and has worked closely on fintech integrations at Barclays and other firms.
His appointment signals Credit Kudos’ new focus on enhancing its proposition for partners, from fintechs to high street banks.
In his new role at Credit Kudos, he will lead the fintech’s engagement with regulators and industry bodies to help inform future policy changes.
“Like Credit Kudos, Manoj has been at the forefront of open banking as it has grown in the UK and he has the perfect skillset to help us design solutions specifically suited to the requirements of financial institutions – particularly the incumbent banks as we continue to grow our partners in this space,” said Freddy Kelly, co-founder and chief executive of Credit Kudos.
“We’re extremely excited for him to join the team as we look to further enhance our proposition, ensuring open banking remains the gold standard for credit scoring for fintechs and banks alike.”
“I have watched Credit Kudos’ growth with interest,” added Peiris.
“What Freddy and his team have built is hugely impressive; Credit Kudos is not only disrupting but entirely transforming the credit reference sector, providing insights and analysis that are game-changing for credit providers.
“The solutions Credit Kudos has developed will help banks and other lenders extend their services to more people as they look to bounce back from the economic damage of the pandemic and grow their loan books responsibly.”