Remitly Global in Seattle has hired a former Santander executive as its CEO.
The company said in a press release that Sebastian Gunningham also joined its board on Feb. 19. He succeeded co-founder Matt Oppenheimer, who remains chairman.
Gunningham previously served as chair of Santander Consumer Finance and vice chair of digital platform, Openbank.
“It has been the privilege of a lifetime to work alongside the outstanding team that built Remitly into the company it is today,” Oppenheimer said in the release. “Over nearly 15 years, we have transformed the way people move money across borders, helping millions of customers send and receive billions of dollars across more than 175 countries, and improving lives in the process.”