Credit, Collections & Insolvency News
Skipton Building Society has announced that it has appointed Graham Lindsay as the new Senior Independent Director, following the retirement of Mark Lund. Lindsay brings more than 45 years of wide-ranging executive-level experience in retail, wealth and commercial banking, until 2015 all within Lloyds Banking Group. With hands-on experience from frontline to boardroom, he has…
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The Financial Conduct Authority (FCA) has announced that it has appointed David Geale as permanent Executive Director for Payments and Digital Finance and Managing Director of the Payment Systems Regulator. In his role Geale will be responsible for helping to deliver the National Payments Vision and driving the FCA’s work on open banking and digital…
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The Finance & Leasing Association (FLA) has announced that it has appointed Paul Smee as Group Chair of the FLA Lending Code. Smee has extensive experience in financial services and was most recently Director General of the Council of Mortgage Lenders from 2011 until 2017, when it was absorbed into UK Finance. He previously ran…
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Later life mortgages specialist, LiveMore Mortgages has announced that it has appointed Ian Sturla as its new Risk Lead. Sturla brings more than 16 years of experience in the financial services industry, having held senior positions across lending and risk at businesses such as Lloyds Bank, Coutts and most recently C. Hoare & Co.. For…
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The HM Treasury has announced the reappointment of Nikhil Rathi as Chief Executive of the Financial Conduct Authority (FCA) for a second term. Since Nikhil joined in October 2020, the FCA has undertaken reforms to strengthen the UK’s position in wholesale markets, including the biggest changes to the listing regime in over three decades. The…
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Specialist lender Together has promoted Liz Hooley to Head of Corporate Operations in a key restructuring of its Corporate Lending Division. Hooley, who has a 20-year career in corporate banking, lending and risk, will provide strategic and operational direction for the team and will work alongside Dave Rowlinson, the specialist property lender’s Head of Group…
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The Bank of England has appointed Sarah John, the Bank’s current Chief Cashier as its new Chief Operating Officer (COO). John will be replaced by the Executive Director for Payments, Victoria Cleland. Cleland was previously the Bank’s Chief Cashier from 2014-2018. She will now combine the role of Chief Cashier with her current Executive Director…
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European real estate and alternative asset manager company Arrow Global has announced that it has appointed Enrico Sanna as CEO Platforms. In his new role, Sanna will lead Arrow’s asset-backed platform strategy, focusing on platform growth, integration, and alignment with investment strategies in new and existing markets. His priorities include optimising operational value creation, advancing…
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The Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) have appointed Martyn Beauchamp as Chief Executive Officer (CEO) of the Financial Services Compensation Scheme (FSCS). Beauchamp has been Interim CEO of the FSCS since October 2023, and during this time he has successfully overseen the FSCS’s transition to a new operating model. Prior to…
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Jaja Finance has announced the appointment of Francesco Di Costanzo as its permanent Chief Executive Officer (CEO), effective immediately. Di Costanzo has been serving as the interim CEO since October 2024 and previously held the position of Chief Financial Officer (CFO) within the company. Di Costanzo joined Jaja in 2022 as Head of Capital Markets…
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Everyday Loans has announced it has rebranded as Evlo, with in its mission to help meet the credit needs of the 16-17 million people who cannot access mainstream credit. Alongside the rebrand, Evlo has appointed Deborah Green as Chief Operating Officer to help drive the company’s next stage of growth. Green began her career at…
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Later life mortgage lender LiveMore has announced that its has appointed Paul Lewis as Sales Director of Mortgages. Lewis has more than 20 years of experience in the financial services industry, having held senior roles across the industry, including as National Development Manager at Mansfield Building Society. Leon Diamond, CEO of LiveMore said “We’re delighted to…
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Specialist lender Afin Bank has announced it has appointed Simrat Gill as Senior Underwriter. Gill brings extensive experience of the specialist mortgage market, including almost eight years as Senior Underwriter at Precise Mortgages and nearly three years with buy-to-let lender Landbay. Swaraj Dada, Afin Bank’s Head of Credit, said “Simrat brings a lot of experience…
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