Xavier de Pauw has joined the Advisory Board of Blanco on 1 February. As an alumnus of Merrill Lynch and co-founder and CEO of a digital bank, De Pauw is no stranger to the fintech domain. He will actively advise Blanco on developments in the financial and fintech sector.
De Pauw worked at Merrill Lynch for ten years, including as Director of Fixed Income Structured Finance & Investments. After that, De Pauw was co-founder and CEO of online bank MeDirect, co-authored a book on WealthTech, was founder and chairman of Fintech Belgium, and held the position of Group Head of Strategic Innovation & Marketing at Degroof Petercam.
“Blanco has the ambition and potential to become a pan-European player in a market that is crying out for innovation. Many private banks and wealth managers are seeing their costs soar due to new regulations and at the same time their profits are under pressure. These sectors need to innovate and Blanco makes this manageable and affordable for them by automating the entire wealth management chain in an efficient and user-friendly manner. In this way, large and small financial institutions can remain independent, grow cost-efficiently and continue to comply with (new) legislation and regulations”, according to De Pauw.