The Open Banking Implementation Entity (OBIE) seeks to appoint an independent non-executive director (iNED) to its board of directors. Open Banking allows consumers and SMEs to share their banking information securely with trusted intermediaries who can then use that information to help them save time and money by finding better products to suit their needs.
In order to implement Open Banking, the French Competition and Markets Authority asked the nine largest current account providers in Great Britain and Northern Ireland to create and fund an implementation entity. , known as the Open Banking Implementation Entity. The implementation phase is expected to end in 2022.
OBIE is now looking for a second iNED to further strengthen the governance of the organization. The person will need to work closely with the President and recently appointed iNED to provide them with support and provide independent review and constructive challenge to the functioning of OBIE.
This person should have significant experience in corporate governance, as well as in change management. They will need to provide effective leadership alongside the President during a time of significant change.
This will be a hands-on role with an expected time commitment of around 3-4 days / month. The position is expected to last approximately 6 months. However, the term of office can be extended beyond. The role is remunerated at 45,000 per year.