• Drennan will lead the technology team and sit on the Group Executive Team
• His broad experience across financial services and media will drive innovation in ClearBank’s payments and banking solutions
• Technological enhancements will boost ClearBank’s expansion into embedded banking, channel partnerships and corporate clients

ClearBank, the enabler of real-time clearing and embedded banking, today announces the appointment of Neil Drennan as Chief Technology Officer. Drennan will lead the evolution and enhancement of ClearBank’s cloud-based API and payments infrastructure as it continues to expand its services across the UK and Europe.

Drennan joins the company from Visa, where he has spent three years as Chief Technology Officer for Visa Cross Border Solutions and Currency Cloud, the global cross-border payments, collections and FX provider. He brings over 15 years of experience across the media and financial services industry, including roles at 10x Future Technologies and Amazon.

He has vast experience leading technology teams and developing cloud-based financial solutions across the UK, European and US markets. During his time at Visa, Drennan created the company’s Cloud Centre of Excellence (CCoE) programme to bring cloud-native best practices into Visa and embed them across the business.

He will lead ClearBank’s technology team and sit on the Group executive team as the company looks to accelerate its expansion into new markets. Last year, ClearBank announced the launch of its channel partnerships offer and embedded banking services for corporate customers, enabling it to expand its services and attract new customers.