Credit, Collections & Insolvency News
Regulated mortgage robo adviser,MortgageGym.com has announced that Henry Ritchotte, former Chief Operating Officer and member of the management board of Deutsche Bank AG, has joined with immediate effect as investor and adviser to the company. Ritchotte has also made a personal investment of £500,000 in MortgageGym. He has over 24 years’ experience in the investment banking…
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New Association, UK Finance has announced its board of directors. Stephen Jones, chief executive of UK Finance, said: “The boundaries between banking services are blurring, enabling the industry to become more efficient and customer-focused.” For the UK’s finance and banking sector, these changes present new opportunities and fresh challenges which require a coordinated voice to best…
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Ofwat has announced the appointment of Emma Kelso as Senior Director, Customers and Casework and Lisa Commane as Senior Director, Business Improvement. Commane joins Ofwat after 10 years at Ofgem where she has been responsible for wholesale markets, was a member of Ofgem’s Enforcement Oversight Board and has also worked on retail markets. She previously…
Read moreThe 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…
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