Credit, Collections & Insolvency News
StepChange Debt Charity has appointed three new trustees – Ramon Kaur, Sean Lynskey and Lisa Mellor. The appointments come at a transformative moment for StepChange. The charity recently launched a bold new five-year strategy focused on delivering even better outcomes for people in problem debt, driving meaningful change through policy and research, and securing long-term…
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Debt resolution specialist DCBL has announced the appointment of Vicky Felton as Director of Operations. With over 25 years of industry leadership experience, Felton brings a wealth of knowledge to DCBL. During her distinguished career in telecoms, Felton spent time at O2 and Virgin before making the move to DCBL HQ in Runcorn. Felton has also…
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The National Association of Commercial Finance Brokers (NACFB) has welcomed two new Non-Executive Directors to its board. Angela Norman joins as Patron Lender Director, bringing insights from her role at YBS Commercial Mortgages, and William Grove has been appointed as Finance Director, drawing on his experience at In Partnership. Norman is managing director at YBS Commercial…
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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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Tom Russell, Licensed Insolvency Practitioner and Director at James Cowper Kreston, has been appointed President of R3, the insolvency and restructuring trade body. As President, Russell will work with R3’s CEO, senior management team and Council to help shape and deliver R3’s strategy for the next 12 months and support its day-to-day operations. He takes…
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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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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 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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The Credit Service Association (CSA), the UK trade body for the debt collection and purchase industry, has appointed Desmond Hudson as its new independent Chair. Hudson’s career spans several high-profile positions, including Chief Executive of the Law Society of England & Wales and the Institute of Chartered Accountants of Scotland. His tenure in these roles…
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Recognise Bank has announced it has appointed Caroline Luxmore as its new Chief Commercial Officer. Luxmore will lead the Bank’s lending and savings teams with the aim of growing the Bank’s balance sheet by diversifying its offering to create a sustainable platform on which to grow the business. Luxmore has over 25 years’ experience in…
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Open Banking financial decision-making specialist Moneyhub, has announced the appointment of Alastair McGill as its new Chief Executive Officer (CEO). McGill brings with him a wealth of experience in driving growth within technology businesses and a deep passion for fostering positive workplace culture and people empowerment. He joins Moneyhub from Broadridge, where as General Manager…
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Salad Money has announced that it has appointed Sarah Hope as a Non-Executive Director. Hope has an asset finance background and is a former Director in the Global Credit Trading group at Deutsche Bank. A Columbia University (New York) graduate, she has worked in asset finance and securitisation on both sides of the Atlantic, including…
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