Ajay Kumar: Creating a new article

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Creating a new article

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{{Short description|British entrepeneur}}{{Infobox officeholder
| office = CEO of the [[OakNorth Bank]]
| birth_date = 1975
| alma_mater = [[University College London]]
}}

'''Rishi Khosla''' [[Order of the British Empire|OBE]] (born September 1975)<ref name=":0">{{Cite web |title=Rishi KHOSLA personal appointments - Find and update company information - GOV.UK |url=https://find-and-update.company-information.service.gov.uk/officers/Pozu3V9pv6OZuw8qUYmW1gy5w6w/appointments |access-date=2023-04-03 |website=find-and-update.company-information.service.gov.uk |language=en}}</ref> is the CEO and co-founder of [[OakNorth Bank]],<ref>{{Cite web |title=Rishi Khosla {{!}} Our Cofounder & CEO {{!}} OakNorth Bank |url=https://oaknorth.co.uk/ |access-date=2023-04-03 |website=OakNorth |language=en-GB}}</ref> a British bank for scaling businesses.

== 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|Delhi, India]], where they lived in a small apartment with his grandparents and uncle's family.<ref name=":1">{{Cite web |last=Duggal |first=Soumya |date=2022-12-09 |title=Rishi Khosla: Those Who Think Young |url=https://www.entrepreneur.com/en-in/entrepreneurs/rishi-khosla-those-who-think-young/440281 |access-date=2023-04-03 |website=Entrepreneur |language=en}}</ref>

In the 1980s, Khosla's family moved back to London, where he went on to attend secondary school in [[South Harrow]].<ref name=":2">{{Cite web |last=Khosla |first=Rishi |date=2019-09-04 |title=Secrets of my success: Rishi Khosla, chief executive of OakNorth Bank |url=https://www.standard.co.uk/business/secrets-of-my-success-rishi-khosla-chief-executive-of-oaknorth-bank-a4228646.html |access-date=2023-04-03 |website=Evening Standard |language=en}}</ref> During this time, his father worked as a businessman selling construction equipment in the [[Middle East]].<ref name=":0" /><ref name=":3">{{Cite news |date=2015-05-26 |title=Rishi Khosla: pioneer of challenger banking |work=Financial Times |url=https://www.ft.com/content/090a8026-fb0a-11e4-84f3-00144feab7de |access-date=2023-04-03}}</ref>

Khosla started his GCSEs at the age of 11 and had his first A-level exams at 13.{{cn|date=August 2023}}

In 1992, aged 17, Khosla attended [[University College London|University College London (UCL)]], where he received a [[Bachelor of Science|BSc]] undergraduate degree in [[economics]]. He then received a [[Master's degree|master's degree]] in Accounting & Finance from [[London School of Economics|The London School of Economics (LSE)]] where he attended on a [[scholarship]].<ref name=":1" /><ref name=":4">{{Cite web |date=2022-05-14 |title=United Kingdom’s 101 Most Impressive & Successful CEO’s in the Financial Services Space - BestStartup.co.uk |url=https://www.beststartup.co.uk/united-kingdoms-101-most-impressive-successful-ceos-in-the-financial-services-space/ |access-date=2023-04-03 |language=en-US}}</ref>

== Career ==
After graduating from [[London School of Economics|LSE]], Khosla began his career at the [[Dutch people|Dutch]] bank [[ABN AMRO]] in 1995<ref name=":3" /> before joining [[GE Capital]] in 1999.<ref name=":5">{{Cite web |last=Cotton |first=Barney |date=2019-04-26 |title=The man who built a unicorn: an interview with Rishi Khosla - Business Leader News |url=https://www.businessleader.co.uk/the-man-who-built-a-unicorn-an-interview-with-rishi-khosla/ |access-date=2023-04-03 |website=Business Leader}}</ref>

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]].<ref>{{Cite news |last=Bernal |first=Natasha |date=2019-04-22 |title=How I turned £35k into a £650m fortune: Britain's top tech entrepreneur Rishi Khosla |language=en-GB |work=The Telegraph |url=https://www.telegraph.co.uk/technology/2019/04/22/turned-35k-650m-fortune-britains-top-tech-entrepreneur-rishi/ |access-date=2023-04-03 |issn=0307-1235}}</ref>

In 2002, Khosla, alongside fellow [[London School of Economics|LSE]] graduate Joel Perlman, launched Copal Partners, which later became Copal Amba, a financial research outsourcing business.<ref name=":4" /> Over the next 12 years, the business was scaled to 3,000 employees and operated a total of seven service delivery centres worldwide.<ref>{{Cite web |title=Copal Amba Announces Name Change to Moody’s Analytics - Acuity Knowledge Partners |url=https://www.acuitykp.com/news/copal-amba-announces-name-change-to-moodys-analytics/ |access-date=2023-04-03 |website=AcuityKP |language=en-us}}</ref> In 2011, [[Moody's Corporation]] acquired a majority stake in Copal Partners before eventually purchasing the company in 2014.<ref>{{Cite web |title=History of Copal Amba {{!}} Moody’s Analytics |url=https://www.moodysanalytics.com/about-us/history/copal-amba-history |access-date=2023-04-03 |website=www.moodysanalytics.com}}</ref>

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 (United Kingdom)|Prudential Regulation Authority (PRA)]] and the [[Financial Conduct Authority|Financial Conduct Authority (FCA)]]<ref>{{Cite news |date=2015-03-09 |title=Lord Adair Turner joins board of digital challenger bank OakNorth |work=Financial Times |url=https://www.ft.com/content/dedd852a-c63c-11e4-9bf4-00144feab7de |access-date=2023-04-03}}</ref>, becoming the third new UK bank in over 150 years.<ref name=":1" />

The bank was founded with the aim to help mid-market [[Small and medium-sized enterprises|small and medium-sized enterprises (SMEs)]] scale their business<ref name=":5" /> with Alastair Newton, Research Vice President in Banking and Investment Services at [[Gartner]], stating: "OakNorth has capitalised from a gap in the lending that traditional banks ignored."<ref name=":5" />

Since 2015, Khosla has acted as the CEO of OakNorth, with his co-founder Joel Perlman acting as Senior Managing Director.<ref>{{Cite web |title=Empowering Entrepreneurs & Savers {{!}} Our Story {{!}} OakNorth Bank |url=https://oaknorth.co.uk/ |access-date=2023-04-03 |website=OakNorth |language=en-GB}}</ref>

== Philanthropy ==
The Rishi and Milan Khosla Foundation is a private family foundation founded by Khosla and his wife. The foundation focuses on projects supporting [[Early Childhood Development|early childhood development]], [[Women's empowerment|female empowerment]], the [[Environmentalism|environment]] and addressing [[climate change]], [[medical research]] and [[Health care|healthcare]].<ref>{{Cite web |title=Focus Areas |url=https://rishiandmilankhoslafoundation.org/focus-areas/ |access-date=2023-04-03 |website=Rishi and Milan Khosla Foundation |language=en-GB}}</ref><ref>{{Cite web |last=Hickey |first=Sophie |date=2021-10-16 |title=Launch event for GDST LEAD programme, inspiring female entrepreneurs |url=https://www.gdst.net/news/gdst-and-lse-generates-new-lead-programme-inspires-female-entrepreneurs-of-the-future/ |access-date=2023-04-03 |website=Girls' Day School Trust |language=en-US}}</ref>

In partnership with [[London School of Economics|The London School of Economics (LSE)]], Khosla launched the ‘Mentorpreneurship Programme’. The programme aims to support the development of socially conscious businesses and inspire entrepreneurial thinking through mentorship.<ref>{{Cite web |title=Mentorship |url=https://info.lse.ac.uk/staff/divisions/research-and-innovation/generate/mentorship |access-date=2023-04-03 |website=info.lse.ac.uk}}</ref>

Since June 2021, 1,800 school children and [[Undergraduate education|undergraduates]] have participated in the programme, with 500 receiving mentoring.<ref>{{Cite news |last=Tyler |first=Richard |title=OakNorth Bank founder offers mentoring for young entrepreneurs |language=en |url=https://www.thetimes.co.uk/article/oaknorth-bank-founder-offers-mentoring-for-young-entrepreneurs-vsrdkv8v3 |access-date=2023-04-03 |issn=0140-0460}}</ref>

When interviewed by [[The Times]], Khosla advised that entrepreneurs should seek to “build their network of mentors” after receiving mentoring from family friend and British economist [[Sushil Wadhwani]] during his time in education, and again from former [[Balderton Capital]] [[general partner]] Mark Evans when launching Copal Amba.<ref name=":0" /><ref name=":3" />

== Awards ==
In 2011, Khosla was one of the recipients of the [[Ernst & Young Entrepreneur of the Year Award]].<ref>{{Cite web |title=UK Artificial Intelligence Industry Landscape |url=https://mindmaps.dka.global/reports/12/faces/133 |access-date=2023-04-03 |website=Aging Analytics Agency |language=en}}</ref>

In 2018, Khosla was named on the Maserati 100 — a list dedicated to celebrating the positive impact [[Entrepreneurship|entrepreneurs]] have on the British economy and society as a whole. The list is compiled in partnership with [[The Sunday Times]].<ref>{{Cite web |title=2018 Maserati 100: business innovators from G to K {{!}} Maserati UK |url=https://www.maserati.com/gb/en/news/maserati-100-2018-the-list/maserati-100-g-k |access-date=2023-04-03 |website=www.maserati.com}}</ref>

In the same year, Khosla was also named as "Business Person of the Year" at the 2018 Asian Achievers Awards.<ref>{{Cite web |title=Previous Winners |url=https://asianachieversawards.com/previous-winners/ |access-date=2023-04-03 |website=Asian Achievers Awards |language=en-US}}</ref>

In 2020, Khosla was named as “Business Leader of the Year” at the ScaleUp Awards by Business Leader Magazine.<ref>{{Cite web |last=Cotton |first=Barney |date=2020-06-29 |title=ScaleUp Awards by Business Leader winners crowned - Business Leader News |url=https://www.businessleader.co.uk/amazon-scaleup-awards-by-business-leader-winners-crowned-2/ |access-date=2023-04-03 |website=Business Leader}}</ref>

In 2020, Khosla was awarded an [[Order of the British Empire|Order of the British Empire (OBE)]] in [[Elizabeth II|Queen Elizabeth II]]’s [[New Year Honours|New Year Honours List]] for services to Business.<ref>{{Cite web |title=New Year Honours list 2020 |url=https://www.gov.uk/government/publications/new-year-honours-list-2020 |access-date=2023-04-03 |website=GOV.UK |language=en}}</ref>

== Personal Life ==
Khosla has been married to his wife Milan since 2000. The couple have four children together.<ref name=":2" />

== References ==

{{reflist}}

{{DEFAULTSORT:Khosla, Rishi}}
[[Category:1975 births]]
[[Category:Living people]]
[[Category:British business executives]]
[[Category:Businesspeople from London]]
[[Category:Alumni of University College London]]
[[Category:Alumni of the London School of Economics]]

Rishi Khosla - Revision history

Ajay Kumar: Creating a new article