Rishi Khosla | |
|---|---|
 | |
| CEO of the OakNorth Bank | |
| Personal details | |
| Born | 1975 (age 49–50) |
| Children | Rishaan, Kian and two daughters |
| Alma mater | University College London |
Rishi Khosla OBE (born September 1975) [1] is a British CEO and cofounder of OakNorth Bank. [2]
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]
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]
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]
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]
Khosla married Milan in 2000 and they have four children. These are two twin sons called Rishaan and Kian and two daughters. [4]