Aldermore appoints new Retail Finance MD

Aldermore, has appointed Sue Hayes to the newly created role of Group Managing Director of Retail Finance.

Hayes will join the Bank in June. Reporting to Phillip Monks, Chief Executive Officer of Aldermore, Hayes will be responsible for managing the existing Bank’s mortgages and savings businesses as well as expanding into new areas. Since its launch in 2009, Aldermore has established itself as a significant supporter of landlords, homeowners and savers with mortgage lending totalling £6.2 billion and the Bank holding £7.3 billion of customer deposits, at the end of June 2017.

Hayes joins Aldermore from Barclays where she was Managing Director of Premier and Community Segments and Savings Products. Prior to this, Sue worked at Santander UK, where she held a number of senior roles across retail and commercial banking, including Managing Director – Business Banking and Director of Product Marketing. During this time Santander’s market share in new mortgages increased threefold.

Phillip Monks OBE, CEO of Aldermore said: “I am delighted that Sue is joining Aldermore as Group Managing Director – Retail Finance and look forward to welcoming her to the Bank. Sue is highly respected, brings considerable banking experience to her new role, and will be a real asset to the Bank’s executive committee.