Peer-to-peer (P2P) business lending platform ArchOver, has announced that Bill Johnston will join its board of directors as a non-executive director (NED). In his role, Johnston will support ArchOver in formularising its training and development programme, to ensure it has the right talent in place as it continues to scale.
Bill Johnson said “In the early days, I doubted ArchOver could succeed. It’s my job to distinguish between ambition and reality. While there is growing demand for alternative finance, it would only take one major player to fail and the whole sector would be at risk of big reputational damage. However, as ArchOver started to attract institutional investment, I was slowly converted. Based on rigorous monitoring of borrowers, ArchOver has built a significant client base of credible lenders making informed decisions about where to put their money. It is a business of substance, poised to move on to the next stage of growth. I am hoping to contribute to that development.”
Johnston will offer an external perspective and work with ArchOver employees to understand their career goals. Applying a strategic view, he will advise on what roles and responsibilities employees can assume as the business grows and any training ArchOver can deliver to help career progression.