Wise plc, the global technology company building the best way to move and manage money around the world, today announces updates relating to its Board.

Clare Gilmartin, currently Independent Non-Executive Director and Chair of the Remuneration Committee, will become Senior Independent Director with effect from 19 April 2023.

Ms Gilmartin, formerly CEO of Trainline, has been a director on the Wise Board since June 2021.

Following an extensive search the Board today announced the appointment of Elizabeth G. Chambers (Libby) as an Independent Non-Executive Director, with effect from 19 April 2023.

Ms Chambers holds non-executive board positions at TSB Bank, Vanquis Banking Group and Evelyn Partners, and is an operating partner at Searchlight Capital, supporting their investments in fintech. A former McKinsey partner, and later chief marketing and strategy officer for Barclays, Barclaycard, Western Union and Freshfields, she brings a deep understanding of the financial industry to the Wise Board.

Ms Chambers will also be appointed as a member of the Remuneration Committee.

Elizabeth G. Chambers, Independent Non-Executive Director, said:

“Wise is a truly unique part of the financial ecosystem, with its bold and ambitious aim to change the way people, businesses and even banks move and manage money. I have long been impressed with the strategic clarity, enthusiasm and energy that the company brings to achieving this goal, and its track record of innovation and consistent delivery. Having worked with global banks, payments providers, wealth managers, and consumer lenders, I’m excited to bring this experience to the Board at Wise, and to supporting the leadership team in achieving these aspirations”.

Clare Gilmartin, Senior Independent Director, said:

“Over the past two years, I’ve had the opportunity to get closer to the metal as Wise continues to make strides in its mission towards money without borders by scaling to new markets and building new products. I am thrilled to expand my role at Wise today, and help Wise as it continues on its mission and revolutionises international money for everyone, everywhere”.