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Revolut UK builds out its Board with two new appointments

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  • Fiona Fry and Sir Peter Estlin join Revolut as Independent Non-Executive Directors
  • Prior experience for both include senior roles at KPMG and Barclays respectively
  • Appointments come as Revolut is working through mobilisation period for its UK Bank

London, 6 December 2024 – Revolut UK has announced the appointment of Fiona Fry and Sir Peter Estlin as Board members to its Revolut UK Board. 

Fiona Fry, a qualified chartered accountant, has built a career spanning more than 40 years in professional services. Fiona was a Partner at KPMG for over 23 years, where she focused on governance and culture, primarily in the retail banking sector. She also spent two years on the Financial Conduct Authority’s Financial Services Consumer Panel.

Sir Peter Estlin, who served as Lord Mayor of the City of London in 2018/19, qualified as a chartered accountant in 1985 and became a Partner at Coopers & Lybrand in 1993. He has held senior positions across the banking sector including at Salomon Brothers, which became part of Citigroup, before moving to Barclays as Group Financial Controller and later CFO of the Corporate and Retail Bank, as well as Acting Group CFO.

Richard Holmes, Chairman of Revolut UK, added“I am delighted to welcome Fiona and Peter to the Board of Revolut UK. Building a Board of experienced financial services talent to serve as Independent Non-Executive Directors is an important step as we seek a full banking licence to better serve the growing UK customer base.” 

Sir Peter Estlin, commented“I’m thrilled to join Revolut UK’s Board at such an exciting time, as we continue to transform financial services and empower customers across the country.” 

Fiona Fry, commented“Revolut UK is on a mission to be an innovator across the financial services. It is a great privilege to join the team and help deliver for our customers.”

Fiona is currently a Non-Executive Director and Chair of the Board Risk Committee at Aviva, as well as Chair of the Board Risk & Compliance Committee at AJ Bell plc. Sir Peter is currently Chair of Vanquis Banking Group plc; non-executive director, Rothschild & Co, Chairing the group audit committee and serving on group risk and remuneration committees.

About Revolut

Revolut is building the world’s first global financial superapp to help people get more from their money. In 2015, Revolut launched in the UK, offering money transfer and exchange. Today, more than 50 million customers and hundreds of thousands of businesses around the world use dozens of Revolut’s innovative products to make more than half a billion transactions a month.

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