Richard Davies


Richard Davies has broad experience of building and leading commercial banking, with a particular passion for SMEs and digital innovation. In summer 2019, he became Chief Operating Officer (COO) of Revolut.  

Prior to that, he was Commercial Banking Director at TSB for a year and a half – a newly created role within TSB’s Executive Team to spearhead the Bank’s ramp up in business banking.

Richard previously joined HSBC in 2014 as Chief Operating Officer for the UK Commercial Bank, responsible for a range of areas including lending products, business and regulatory change, client on-boarding and digital transformation.  In 2016, Richard moved to a global role at HSBC focused on driving strategic change for clients, with a design led focus on digital innovation and client experience.

Prior to joining HSBC, Richard was CEO of SME focused challenger bank OakNorth, where he led the process to design the business model, develop regulatory licence submissions, and recruit the team to enter the UK market.

Previously, Richard spent nine years in senior roles at Barclays including Managing Director for UK Global Corporates, and Head of South East Commercial Banking.

Richard has a MA Economics and M.Phil Development Economics from Trinity Hall Cambridge.