Galileo hires former Google Cloud exec Derek White as new CEO

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World funds and banking platform Galileo has introduced Derek White as its new CEO.

The previous Google Cloud government has been appointed to steer the following part of growth and diversification of the US-based agency.

New Galileo CEO, Derek White

White is a 20-year veteran of the fintech house. In addition to his most up-to-date function as vp of worldwide monetary companies at Google Cloud, he beforehand served because the vice chair and chief digital officer for U.S. Financial institution, international head of consumer options for BBVA and chief design and digital officer at Barclays.

Former CEO and founder Clay Wilkes will swap to vice chair and stays a member of the board of administrators of dad or mum firm SoFi.

Galileo was acquired by fintech large SoFi final yr in a deal worth $1.2 billion.

Anthony Noto, CEO of SoFi, says: “Galileo and SoFi have made super progress over the past yr since closing and I can’t thank Clay sufficient for constructing such an exceptional firm and significant know-how over the past 20 years.

“On the time of our acquisition of Galileo, Clay and I mentioned a succession plan and I’m excited for Clay as he steps into the function of vice chairman, with Derek taking his place.

“His stellar observe report of fostering and driving innovation throughout the worldwide fintech ecosystem will profit the whole crew and buyer base. Derek will lead Galileo to make use of its confirmed options, know-how and experience to drive continued success and buyer adoption.”

White provides: “I’m privileged and honoured to take the reins from Clay at a time when Galileo has by no means been stronger or extra centered, now powering so many international leaders in fintech and digital banking.”

Associated: Miami neobank Fortú launches with Galileo Financial Technologies

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