Total Processing, the Manchester-based payments fintech, has announced that Revolut chair Martin Gilbert will be joining its board.
Gilbert, who is the current chairman of Revolut and founder of Aberdeen Asset Management, brings with him extensive experience in both traditional and disruptive financial services. As CEO of Aberdeen Asset Management from 1991 to 2017, he helped grow the company into one of the world’s leading independent asset managers with £308 billion of assets under management.
Gilbert was also serving as chair of Toscafund at the time of its 2020, £1.1bn takeover of Manchester broadband and telecoms giant TalkTalk alongside Penta Capital in 2020. Over the past three years, Gilbert has played a key role in Revolut’s growth from an innovative fintech company to a challenger bank.
Gilbert is well-equipped to provide guidance to the board at Total Processing as it seeks to scale the business and expand its international reach.
Rob Pallin, CEO at Total Processing, said: “It’s a real privilege to welcome Martin to the Total Processing team. His wealth of industry knowledge and strategic business experience is second-to-none, and his guidance will be invaluable.
“It also comes at a perfect moment for us. We have big plans for 2023 and with Martin’s support, I am confident that the upward trajectory of Total Processing will only continue as we strive towards our mission to be the most customer-focused payments company in the world.”
Gilbert added: “Total Processing has already established itself as one of the UK’s most exciting fintech companies. I’m eager to start working with Total Processing’s board to help scale its operation globally. With its focus on providing a complete service to its customers and the global shift towards digital payments, there is a huge opportunity here.”
Total Processing, founded in 2015, was recently listed in the Sunday Times 100 fastest-growing UK companies and delivers payment solutions to thousands of clients, processing millions of transactions each month.