The Bank of London announces Tam Holmes as new Co-President & Group Chief Product Officer

Tam Holmes has been appointed as The Bank of London’s Co-President & Group Chief Product Officer and Member of the Group’s Executive Management Committee. The Bank of London is the world’s first purpose-built global clearing, agency, and transaction bank and a leader in next-generation technology. Tam is in charge of overseeing the Group’s entire customer and product vision, strategy, and innovation in her capacity as Group Chief Product Officer.

Tam worked for 10X Banking (“10X”) for five years before joining The Bank of London. While there, he held the positions of Chief Product Officer and Chief Development Officer, played a critical role in the company’s growth, served on the board, and was primarily in charge of overseeing all client relationships, product strategy, product management, and business development. He helped establish investor and customer confidence and established 10X as the preferred transformative partner for global Tier 1 banks.

Tam previously held the positions of Head of Programme Delivery for Digital Banking and Head of Digital Security and Fraud at Lloyds Banking Group. Tam was in charge of redesigning cutting-edge digital fraud and security safeguards, including the UK’s first implementation of behavioural biometrics and device ID systems, as well as replatforming Lloyd’s digital banking stack.

Anthony Watson, Group Chief Executive & Founder of The Bank of London, said: “Tam’s wealth of knowledge and experience across banking, large-scale transformation, and programme delivery, makes him a great fit at The Bank of London. He brings a particularly unique perspective from his time at 10X, where he led both the sales and product development of their cloud bank platform to JP Morgan Chase in the UK and Europe, Westpac in Australia and other global banks. With his flair for driving innovation coupled with a strong reputation for leading with humility and empathy, Tam will provide a world-class product experience for our clients globally.”

The Bank of London was established on November 30, 2021, becoming the second clearing bank in 250 years and the sixth primary clearing bank of the United Kingdom. It is the first pre-revenue bank in history to achieve “unicorn” status upon debut, with a valuation of $1.1 billion.