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Uber hires UK banking veteran amid fight for London license

Uber is seeking to overturn Transport for London’s ruling in September that the company was unfit to operate in the UK capital

Uber hires UK banking veteran amid fight for London license

Uber has appointed a banking veteran as chairman of its UK operations, to bolster its governance as the ride-hailing firm appeals a decision by London’s top transport regulator to revoke its operating license, writes Sam Schechner at The Wall Street Journal .

The company said on Friday that Laurel Powers-Freeling, a former senior adviser to the Bank of England who has significant experience as a company director, would help it implement changes at its UK operations. The move is part of a broader shift of company culture under new chief executive, Dara Khosrowshahi.

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