Former Barclays boss joins Currencies Direct

Former Barclays boss joins Currencies Direct

Antony Jenkins has joined Currencies Direct, the leading UK non-bank provider of foreign exchange and international payment services, as the company’s non-executive chairman.

For three years, until July 2015, Jenkins led Barclays as CEO. Prior to that role, he was the head of the bank’s UK retail and small business division, and Barclaycard.

Jenkins also spent 17 years at Citi where he ran the North American Cash Management unit, managed the company’s internet activities and was in charge of the Citi branded credit card business.

At Barclays, he was influential in the launch of the company’s Pingit mobile payments app, and harnessing the power of technology has been a powerful theme throughout Antony’s career.

Jenkins said: "New technologies are revolutionising financial services, creating substantial opportunities for companies with a digital strategy at their core, a deep understanding of the needs of the customer and the right values.

“Currencies Direct is successfully capitalising on the fast-growing demand for digital financial services offerings, and has a sound strategy combined with the infrastructure to continue its rapid expansion.

“I am excited at the prospect of joining the leadership team of Currencies Direct and look forward to helping fulfil its considerable potential.”

Currencies Direct provides consumers and businesses a simple, fast and secure means to transfer money overseas.

Its focus on providing competitive exchange rates with no transfer fees through a customer-centric service model has enabled it to rapidly take market share from traditional banks.