Ozone API hires Dame Jayne-Anne Gadhia as chair

Global Open Banking fintech company Ozone API has appointed Dame Jayne-Anne Gadhia, the former chief executive officer of Virgin Money, as chair of its board.

The latest appointment follows Ozone API’s recent Series A funding round led by Gresham House Ventures, in which it raised £8.5 million to fund its global expansion strategy.

While at Virgin Money, Gadhia led the acquisition of Northern Rock from the UK government nearly four years after it was nationalised, integrating it into the Virgin Money Group.

Dame Jayne-Anne Gadhia, chair of Ozone API

Gadhia went on to establish and chair money-saving app Snoop, which was acquired by Vanquis Banking Group last year.

Huw Davies, co-founder and co-chief executive officer of Ozone API, said: “We are absolutely delighted to welcome Dame Jayne-Anne to chair our board. Her unparalleled expertise and vision will offer huge benefit to Ozone API at this pivotal point in our journey.

“With our recent Series A funding and Dame Jayne-Anne’s guidance, we are perfectly positioned to accelerate our growth and continue our work in revolutionising the global financial ecosystem.”

“The company’s dedication to innovation and its impressive track record in Open Banking are truly inspiring,” added Gadhia.

“I am eager to work with the talented Ozone team to drive forward their ambitious plans to accelerate Open Finance around the globe.”

Earlier this month, Ozone API hired Eyal Sivan, host of the ‘Mr Open Banking’ podcast, as general manager for North America, to “spearhead” Open Banking in the region.