Press6th November 2023

ClearBank announces changes to UK board leadership

Shonaid Jemmett Page blog
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Shonaid Jemmett-Page takes place of David Gagie as Chair of UK Board of Directors

ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, today announced that, subject to regulatory approval, it has appointed Shonaid Jemmett-Page as Chair of the UK Board, following the departure of David Gagie.

David has been Chair of the UK Board since 2018 and has been instrumental in the growth of the organisation to date, with his experience being pivotal in leading the Board.

Shonaid has been a part of ClearBank’s UK Board as senior independent director since its early establishment in 2017. She is an experienced director with extensive business leadership experience in the financial services, sustainability and digital sectors. Shonaid was previously Chair of MS Amlin and has held a number of senior roles during her executive career including as Chief Operating Officer of CDC Group, Global SVP Finance and Information at Unilever, and a partner at KPMG.

Charles McManus, Group CEO of ClearBank: “I would like to thank David for his outstanding contribution to ClearBank over the past five years. He has played a vital role in our success to date, and we are enormously grateful for his stable and effective leadership of the Board during his tenure.

“We are pleased that Shonaid will be David’s successor as Chair of ClearBank UK. Shonaid has significant experience in financial services and her expertise and leadership has served ClearBank well. We look forward to working with her in the new role.”

David Gagie, ClearBank UK Board Chair: “I am immensely proud of what the organisation has achieved and feel privileged to have led the Board over the last five years. I am pleased by the choice the Board has made in appointing Shonaid and confident that her experience and range of skills will complement and further strengthen the ClearBank UK Board in the years to come. I look forward to working closely with her to ensure a smooth handover.”

Shonaid Jemmett-Page, Senior Independent Director: “I am honoured to take on the role of Chair of ClearBank and to follow in David’s footsteps of strong leadership and commitment to the Company. I look forward to working closely with the other members of the Board and Charles and his management team, to help guide and position ClearBank for future success.”

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