OneBanks hires from Lloyds for new CTO role

Shared branch banking venture OneBanks has hired Lloyds Banking Group’s Andy Willmot as its first chief technology officer. 

In the newly-created role, Willmot will be responsible for developing and implementing OneBanks’ technology strategy. 

At Lloyds Banking Group he was chief digital architect, developing the architecture and engineering of the group’s mobile and web digital platforms. 

OneBanks, which has developed a low–cost, pop-up kiosk format providing face-to-face banking services on behalf of multiple banks and financial services clients, supported by Open Banking technology, said the appointment comes as it plans to open more kiosks in high street locations. 

Duncan Cockburn, founder and CEO of OneBanks, said: “The appointment of our first CTO augments our growing team as we go live with our first full-scale pilot.  

“Andy’s expertise and knowledge of consumer-facing IT will help bring a much more user-friendly experience to our customers at our state-of-the art shared banking kiosks.” 

In December 2020, OneBanks launched a pilot kiosk in Denny, Scotland where there had been no local bank branch for two years. 

Willmot added that OneBanks provides the “physical interaction customers value”. 

“OneBanks is solving a key problem we’ve had in banking for some time – costly bank branches – with an approach is based on deploying the latest technology,” he said.  

“OneBanks is maximising Open Banking for the benefit of all customers – truly delivering on the promise of financial inclusion for all.” 

Prior to working at Lloyds, Willmot was a digital capability leader at KPMG.