Gavin Michael
Gavin Michael was appointed Chief Executive Officer of Varo Bank in February 2025, succeeding founder Colin Walsh. He previously served as CEO of Bakkt from January 2021 to March 2024, where he oversaw its public market debut. At Varo, Michael is tasked with leading the company toward profitability and scaling its asset base. Gavin Michael, CEO of Varo Bank, led Bakkt as CEO, taking the cryptocurrency exchange public in 2021. He previously served as Head of Technology for Citi's Global Consumer Bank, driving strategic direction and digitization. Michael also directed digital business for Consumer & Community Banking at Chase, overseeing the Chase Mobile App and Chase Online. Earlier, he was Chief Technology Innovation Officer at Accenture. His deep technology and banking expertise now propels Varo's mission for financial inclusion and profitability.
Career Milestones
- Appointed Chief Executive Officer of Varo Bank in February 2025, succeeding founder Colin Walsh.
- Served as CEO of Bakkt from January 2021 to March 2024, leading its public market debut.
- Previously served as Head of Technology for Citi's Global Consumer Bank, driving its digital transformation.
- Directed digital business for Consumer & Community Banking at Chase, overseeing Chase Mobile App and Chase Online.
- Earlier served as Chief Technology Innovation Officer at Accenture.
- Recognized for his expertise in technology and banking, driving Varo Bank's mission of financial inclusion and profitability.
About Varo Bank
Varo Bank is a mobile-first financial institution providing digital banking solutions, including checking and savings accounts and personal loans, primarily serving underserved communities and low-to-middle income customers. As the first all-digital U.S. consumer bank with a national charter, Varo differentiates itself through financial inclusion, innovative use of data for lending, and a commitment to building customer trust. It aims to empower users with tools for financial wellness and a fee-free banking experience.