Credit, Collections & Insolvency News
Bridging lender Octane Capital has announced that Graham Macaulay has been appointed as Senior Credit Manager. Macaulay will report to Matt Smith, Octane Capital’s Director of Credit. Matt Smith commented on the appointment “Graham’s understanding of risk is superb and to have him on board is a significant coup, not to mention a great start…
Read moreHyundai has appointed Michael Stewart as fleet director. Stewart, who replaced Guy Pigounakis. Tony Whitehorn, President and Chief Executive Officer for Hyundai Motor UK, said: “Michael Stewart’s appointment is an important one for Hyundai UK as we work on growing our market share, building on the reputation we’ve earned from fleet operators large and small.”…
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NextGear Capital, part of Cox Automotive has appointed Liam Quegan as its new Managing Director. Quegan has replaced David Mercer, who helped launch the business in the UK. Quegan joins NextGear from Close Brothers Motor Finance, where he worked as Chief Operating Officer for almost three years. Michael Buxton, Chief Executive Officer of Cox Automotive UK…
Read moreCredit broker John Charcol has appointed Matthew Jackson as its new Head of Sales. Jackson joins from Niche Finance Group where he was Senior Associate Director responsible for managing a team with an annual turnover of £9m. Previously he has worked at Countrywide Mortgage Services and Connells Group. In his new role at John Charcol,…
Read moreWater Services Regulation Authority, Ofwat has appointed Rachel Fletcher as its new Chief Executive. Fletcher succeeds Cathryn Ross, who is leaving for an executive position at BT. Fletcher will join Ofwat in January, she currently sits on the Ofgem Board and is the Senior Partner for Consumers and Competition. Fletcher has also been Partner for…
Read moreThe Intermediary Mortgage Lenders Association (IMLA) has confirmed the election of Phil Rickards ts its new Chair. Rickards Head of BM Solutions at Lloyds Banking Group was first appointed Deputy Chair of IMLA in December 2015 and has also served as a Director. He succeeds Kevin Purvey, Director of Intermediaries at Coventry Building Society, who returns to the…
Read moreTSB has announced he appointment of Lorna Curry as General Counsel of TSB Bank. Curry’s appointment follows the announcement by Susan Crichton, TSB’s current General Counsel, that she intends to retire at the end of January 2018. Paul Pester, Chief Executive Officer at TSB, says: “Susan has been with TSB for four years and has made…
Read moreWalker Morris has confirmed the appointment Rob Aberdein as a Partner in the Banking Litigation Group business Aberdein will strengthen Walker Morris offering to financial services clients and help to build on the substantial experience for this practice group across the whole of the UK. Aberdein was recently ‘triple ranked’ in The Legal 500 for Debt Recovery and Commercial…
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UK Finance has announced the appointment of Jackie Bennett OBE as its new Head of Mortgages. Currently Deputy Head of Compliance at The Northview Group, in her new role at UK Finance Jackie will be responsible for leading the trade body’s mortgage policy development. She will join the organisation in February next year. Prior to…
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Vernon Building Society has appointed Adam Evetts to the newly created role of Chief Risk Officer. Evetts joins from West Bromwich Building Society where he held the role of head of financial and credit risk for almost five years. Prior to that he was head of credit risk at the Yorkshire Building Society and has…
Read moreElevate UK trading as online lender ‘Sunny’ has announced the appointment of Alan Lunt as its new Finance Director. Lunt brings over a decade of leadership experience to the business, with a strong record of growing businesses, improving efficiency, and successfully managing process and change. Prior to joining Elevate UK, Lunt held several leadership roles…
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Deceased account management specialist, Phillips & Cohen Associates has announced changes to strengthen its senior leadership team. In the re-organisation, Nick Cherry moves up to the role of Chief Operating Officer for the global organization. Cherry, who has been with the business since 2010, previously fulfilled the role of Managing Director of PCA International and…
Read moreMotoNovo Finance has started a recruitment drive for more than 200 roles. The roles include dealer development, customer care, collections, marketing, and credit analytics as well as department heads and senior leadership positions. The recruitment drive supports MotoNovo Finance’s continued expansion in existing and new areas such as the forthcoming launch of its findandfundmycar.com sales…
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