Credit, collections & insolvency news
The Financial Conduct Authority (FCA) Chairman, John Griffith-Jones, has today announced the appointments of new Chairs for the FCA’s independent Practitioner Panel and Markets Practitioner Panel. Anne Richards, Chief Executive of M&G, becomes Chair of the FCA Practitioner Panel from 1 August 2017. She has been a member of the Panel since 2013. She succeeds…
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Derek Mitchell will take over as chief executive of Citizens Advice Scotland in August, the charity has announced. Mitchell is currently a chief officer at COSLA, where he has led on work with both the UK and Scottish Governments, as well as other key stakeholders, to ensure Scotland is a welcoming place for new migrants and refugees. Prior to joining…
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John Griffith-Jones, Chairman of the Financial Conduct Authority (FCA) and the Payment Systems Regulator (PSR), has confirmed that he will leave both organisations at the end of his term of office, on 31 March 2018. Griffith-Jones commented “I committed to a five year fixed term to chair the FCA and, in so doing, to help…
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Alternative secured specialist lender Borro, has announced that Chief Executive Officer and Founder Paul Aitken is to leave the company. Aitken, who founded the company in 2008, led Aitken, who founded the company in 2008, led Borro through its early growth stages online, expansion into the American market, and the launch of property lending in…
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Selwyn Cooper has been appointed Head of Financial Services of Volvo Car UK. The new role will see Cooper heading up the Volvo Car Financial Services division, with responsibility for the management and delivery of the expanding range of finance and insurance products offered by Volvo in the UK. Cooper has worked at Volvo for…
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Intrum Justitia AB has announced that Mikael Ericson will be the Chief Executive Officer (CEO) and President of the combined company once the transaction is completed. Erik Forsberg, the current Chief Financial Officer of Intrum Justitia, will continue as the CFO of the combined company. In November 2016 Nordic Capital Fund VIII, currently, the indirect majority…
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PayPlan has announced the announcement of a New Head of Policy & Partnership. Alistair Chisholm joins the free debt advice provider as Head of Advice Sector Policy & Partnership. The role will see Alistair working alongside the wider PayPlan team and with external partners to enhance current practices to offer even more support to those in…
Read moreArvato Financial Solutions has appointed a new Commercial Director in the UK & Ireland as it targets growth in the Finance & Accounting Business Process Outsourcing (F&A BPO) and debt collection space. Debbie Nolan, who has spent the last four years as Business Development Director in Arvato’s Customer Services business, will move on to its…
Read moreMortgage and Loan Provider JustUs has announced the appointment of a new Chief Operating Officer. Mike Moroney JustUs from Santander where he has spent the last nine years supervising financial advisers throughout the North West of England as part of the FCA Senior Manager regime. Moroney is well known to the JustUs team and the mortgage community at…
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Credit Services Association (CSA) President John Ricketts has joined Ardent Credit Services as its new Managing Director (MD). The appointment sees the former iQor chief take the reins at the Debt Collection Agency (DCA) in its twentieth anniversary year. Existing Managing Director and founder, Steve Murray, will now take on the role of Cheif Executive…
Read moreIgnition Credit, a UK provider of vehicle and asset finance for SMEs, is continuing to expand with the appointment of three new senior members to its team. With more than 20 years’ experience working in the finance industry both in the UK and internationally, Alan O’Connor has relocated to Cornwall to take up the position…
Read moreMike O’Connor will leave StepChange Debt Charity later this year after leading the organisation as Chief Executive since 2013. As the UK’s largest debt advice charity, the number of people in contact for help each year has grown over the last five years by 62% to 600,000. The charity also tackles the causes of problem…
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The Credit Services Association (CSA) has confirmed the appointment of its new Board and their respective Portfolios. Adam Wonnacott has been appointed to the new Portfolio of Sales/Services to Members, with a particular focus on developing non-membership revenue streams. Stuart Sykes takes responsibility for another new Portfolio, Technology, while Leigh Berkley, the past-President, takes on…
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