Rishi Khosla

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Rishi Khosla
OBE
Rishi Khosla.png
CEO of the OakNorth Bank
Personal details
Born1975
Alma mater University College London

Rishi Khosla OBE (born September 1975) [1] is a British CEO and cofounder of OakNorth Bank. [2]

Contents

Early life and education

Khosla was born in London, where his father earned a degree in engineering. During the early years of his life, Khosla's family moved to Delhi, India, where they lived in a small apartment with his grandparents and uncle's family. [3]

In the 1980s, Khosla's family moved back to London, and he attended secondary school in South Harrow. [4] During this time, his father worked as a businessman selling construction equipment in the Middle East. [1] [5]

Khosla started his GCSEs at the age of 11 and had his first A-level exams at 13.[ citation needed ]

In 1992, aged 17, Khosla attended University College London (UCL), where he received a BSc undergraduate degree in economics. He then received a master's degree in Accounting & Finance from The London School of Economics (LSE). [3]

Career

After graduating from LSE, Khosla began his career at the Dutch bank ABN AMRO in 1995 [5] before joining GE Capital in 1999. [6]

Prior to establishing his own company, Khosla worked for Indian steel magnate Lakshmi Mittal, where he managed a private equity venture portfolio for the Mittals that invested in fintech companies. It was during this time that Khosla became an early-stage investor in PayPal. [7]

In 2011, Moody's Corporation acquired a majority stake in Copal Partners before eventually purchasing the company in 2014. [8]

In 2015, Khosla and Perlman launched their second business together, OakNorth Bank. In March 2015, the company secured a full banking license from the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA), [9] becoming the third new UK bank in over 150 years. [3]

Awards

In 2011, Khosla was one of the recipients of the Ernst & Young Entrepreneur of the Year Award. [10] In 2020, he entered the Order of the British Empire at Queen Elizabeth II’s New Year Honours for business service. [11]

Personal life

Khosla married Milan in 2000 and they have four children. [4]

References

  1. 1 2 "Rishi KHOSLA personal appointments - Find and update company information - GOV.UK". find-and-update.company-information.service.gov.uk. Retrieved 3 April 2023.
  2. "Rishi Khosla | Our Cofounder & CEO | OakNorth Bank". OakNorth. Retrieved 3 April 2023.
  3. 1 2 3 Duggal, Soumya (9 December 2022). "Rishi Khosla: Those Who Think Young". Entrepreneur. Retrieved 3 April 2023.
  4. 1 2 Khosla, Rishi (4 September 2019). "Secrets of my success: Rishi Khosla, chief executive of OakNorth Bank". Evening Standard. Retrieved 3 April 2023.
  5. 1 2 "Rishi Khosla: pioneer of challenger banking". Financial Times. 26 May 2015. Retrieved 3 April 2023.
  6. Cotton, Barney (26 April 2019). "The man who built a unicorn: an interview with Rishi Khosla - Business Leader News". Business Leader. Retrieved 3 April 2023.
  7. Bernal, Natasha (22 April 2019). "How I turned £35k into a £650m fortune: Britain's top tech entrepreneur Rishi Khosla". The Telegraph. ISSN   0307-1235 . Retrieved 3 April 2023.
  8. "History of Copal Amba | Moody's Analytics". www.moodysanalytics.com. Retrieved 3 April 2023.
  9. "Lord Adair Turner joins board of digital challenger bank OakNorth". Financial Times. 9 March 2015. Retrieved 3 April 2023.
  10. "UK Artificial Intelligence Industry Landscape". Aging Analytics Agency. Retrieved 3 April 2023.
  11. "New Year Honours list 2020". GOV.UK. Retrieved 3 April 2023.