Credit, Collections & Insolvency News
The Financial Conduct Authority (FCA) has announced that it has appointed Sarah Pritchard as its Deputy Chief Executive to manage growing remit, support growth and drive reform The new role has been created to reflect the FCA’s expanding remit, with the integration of the Payment Systems Regulator, regulation of stablecoin and crypto firms as well…
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NatWest Group has announced the appointment of Solange Chamberlain as the CEO of its Retail Bank, effective on 1st July, subject to regulatory approval. Chamberlain will report directly to the Chief Executive Officer, Paul Thwaite, and be a member of the Executive Committee of NatWest Holdings. Chamberlain joined NatWest in 2019 and has held a number…
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Furness Building Society has announced that it has promoted Simon Broadley from Chief Commercial Officer (CCO) to Chief Executive Officer (CEO). Broadley was appointed as CCO in 2022 with a remit to oversee and manage the society’s commercial operations. He has more than 20 years of experience in the financial services sector, predominantly in the…
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Afin Bank, the specialist lender created to help underserved Africans and other diaspora communities living and working in the UK to get mortgages, has announced that it has appointed Peter Hale as Head of Finance. Hale was previously Head of Finance at FCMB Bank UK, part of a Nigerian based banking group, a part of…
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UK Finance has announced that Bob Wigley has been re-appointed as Chair of the board for a further term of three years up until February 2029. Wigley has been the Chair since UK Finance’s inception. UK Finance says that the board has recognised Wigley’s significant contribution to the organisation’s success as an influential voice for…
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The Finance & Leasing Association (FLA) has announced that it has appointed Shanika Amarasekara MBE to its board. Amarasekara succeeds Stephen Haddrill, who retires at the end of July. Amarasekara will take up the role at the beginning of August. Amarasekara brings deep experience in supporting economic development and innovation across the financial services landscape.…
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Target Group has appointed Jonathan Hole as its new Chief Risk Officer (CRO). Hole brings four decades of experience to Target in credit, market and operational risk, including internal and external audit, compliance and approved regulatory functions. Throughout his career he has held several senior roles within major financial institutions such as Barclays, GE Money…
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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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Chorley Building Society has announced it has completed the phase-in of LendingMetrics’ Auto Decision Platform (ADP) and is now fully on stream. The Society chose LendingMetrics’ ADP after considering a range of alternatives. Key factors determining the selection were ADP’s ability to deliver a sophisticated semi-automated customer assessment in milliseconds, reducing the level of manual…
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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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The Chancellor of the Exchequer Rachel Reeves has announced that Julia Black, Anita Kimber, John Ball and Stéphane Malrait have been appointed as Non–Executive Directors to the Board of the Financial Conduct Authority (FCA). The Chancellor has also confirmed a one-year extension of Richard Lloyd’s second term as a Non-Executive Director on the FCA Board.…
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Risk decisioning software specialist, Provenir has announced Atom Bank has selected the Provenir AI Decisioning Platform to streamline and modernise credit risk decisioning and data orchestration. Chris Storey, Atom Bank’s Chief Commercial Officer. said “Atom bank provides simple, well-designed mortgages and savings products that deliver ease, speed and value right to your device. As our…
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