Rishi Khosla

Rishi Khosla
CEO of the OakNorth Bank
Personal details
Born	1975
Alma mater	University College London

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

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. "Rishi KHOSLA personal appointments - Find and update company information - GOV.UK". find-and-update.company-information.service.gov.uk. Retrieved 2023-04-03.
2. "Rishi Khosla | Our Cofounder & CEO | OakNorth Bank". OakNorth. Retrieved 2023-04-03.
3. Duggal, Soumya (2022-12-09). "Rishi Khosla: Those Who Think Young". Entrepreneur. Retrieved 2023-04-03.
4. Khosla, Rishi (2019-09-04). "Secrets of my success: Rishi Khosla, chief executive of OakNorth Bank". Evening Standard. Retrieved 2023-04-03.
5. "Rishi Khosla: pioneer of challenger banking". Financial Times. 2015-05-26. Retrieved 2023-04-03.
6. Cotton, Barney (2019-04-26). "The man who built a unicorn: an interview with Rishi Khosla - Business Leader News". Business Leader. Retrieved 2023-04-03.
7. Bernal, Natasha (2019-04-22). "How I turned £35k into a £650m fortune: Britain's top tech entrepreneur Rishi Khosla". The Telegraph. ISSN 0307-1235. Retrieved 2023-04-03.
8. "History of Copal Amba | Moody's Analytics". www.moodysanalytics.com. Retrieved 2023-04-03.
9. "Lord Adair Turner joins board of digital challenger bank OakNorth". Financial Times. 2015-03-09. Retrieved 2023-04-03.
10. "UK Artificial Intelligence Industry Landscape". Aging Analytics Agency. Retrieved 2023-04-03.
11. "New Year Honours list 2020". GOV.UK. Retrieved 2023-04-03.