Credit, Collections & Insolvency News
Rick Haythornthwaite has been appointed to succeed Sir Howard Davies as Chair of Natwest, subject to regulatory approval. Haythornthwaite will join the Board of NatWest Group as an independent non-executive director on 8th January 2024 and following a handover period will take over as Chair on 15th April 2024, when Sir Howard Davies will stand…
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6 Towns Credit Union has been placed into administration and has now stopped trading. James Sleight and Peter Hart of PKF Geoffrey Martin & Co have been appointed as joint administrators. 6 Towns Credit Union was a financial co-operative owned by its members. The Financial Services Compensation Scheme (FSCS) had also declared the credit union…
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Global lending loan servicing and credit data company, Pepper Advantage has appointed Holly Stewart as Director of People. Stewart brings more than ten years of human resources experience, with a focus on technology and financial services, most recently at Shutterstock as a HRBP Director for Global Technology and Data. She led the talent transformation for…
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Hodge Bank has announced that it has appointed Christie Cook joins Managing Director of Retail. Cook has extensive experience in the mortgage market, and is the former Head of Mortgages at Nottingham Building Society, she has also occupied head of product roles with Glenhawk Financial Services and the Bank of Ireland, as well as being…
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Stockport Credit Union has announced that John Haslam has been appointed as its new Chief Executive Officer (CEO). Stockport Credit Union has been serving its residents since its inception in 1989 and is nearing 5000 members – an annually increasing figure highlighted in their 2022 Annual General Meeting. The credit union also has many payroll…
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TransUnion has announced it has appointed Kaushik Gopalan as its new Chief Human Resources (HR) Officer in the UK. Gopalan will lead TransUnion’s HR strategy and colleague initiatives for the UK and Europe, with responsibilities spanning talent acquisition, learning and development, colleague engagement and people operations. Gopalan brings more than two decades of HR experience…
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Hastings & Rother Credit Union Limited, trading as 1066 Community Bank has entered administration The Financial Services Compensation Scheme (FSCS) declared Hastings & Rother Credit Union as failed (in default). Dina Devalia and James Varney of business advisory firm Quantuma have been appointed as Joint Administrators of financial cooperative. The East Sussex credit union with…
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Startline Motor Finance has announced that is has appointed Alan Greer as its new Head of Finance. Greer will be responsible for managing and developing the finance function of the business, his responsibilities will include contributing to its overall growth strategy and business plan by delivering value-added insights from a financial perspective. Previously, Greer spent…
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AperiData has announced that it has joined forces with payment and retail services specialist, PayPoint. T The company says that the collaboration marks a significant milestone in the evolution of the UK’s Open Banking offerings. It targets the modernisation of the dated Consumer Credit scoring market by blending in real time Open Banking data for…
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Property lender, Together has announced it has promoted experienced corporate finance expert Chris Baguley to a new role driving future growth for the specialist lender. Baguley has now taken up the position of Group Channel Development Director, a new role to provide strategic support and to launch new initiatives, aimed at further building the business’s…
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Arrow Global has announced the acquisition of Blue Current Capital (BCC), an ESG-focused real estate asset manager dedicated to the development of electric vehicle (EV) charging hubs. Arrow says that the acquisition is part of its commitment to investing in opportunities that focus on generating positive social or environmental outcomes alongside financial returns, particularly those…
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Specialist lender Together has bolstered its executive team by appointing experienced financial services leader John Barker as the Group’s Chief Operating Officer (COO). In his new role as Group COO at Together, Barker will take responsibility for operations across the Cheadle-based business, which provides personal and commercial secured finance and has a loan book of…
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Freedom Finance Mortgages (FFML) has announced it has promoted Gareth Wallace to be its new Commercial Director. The mortgage advisory business, focuses on second charge mortgages. Wallace has worked for the company for eight years and has previously held the position of operations manager and sales underwriting. Wallace said “As the UK economy continues to…
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