Credit, Collections & Insolvency News
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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Business process servicing specialist Target Group has announced that has strengthened its senior team with the appointment of Scott Hill as Chief Information Officer (CIO). Hill brings more than 25 years of experience in the IT industry, implementing global strategies, business change initiatives and multi-million pound digital transformation projects for both national and international brands.…
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Law firm Flint Bishop has announced three senior leadership appointments within its Debt Services division. Andrew Mitchell joins as Head of Operations, bringing over 25 years of experience in debt management within the utilities industry. Most recently, Mitchell served as Strategic Review & Debt Lead at E.ON UK, where his strategic foresight and process innovations…
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Global information and insights company, TransUnion has announced the appointment of Madhusudan ‘Madhu’ Kejriwal as its new Chief Executive Officer (CEO) for UK and Europe. Kejriwal will officially join TransUnion in January 2025. The appointment is subject to the required regulatory approvals. Kejriwal started his career with Capital One in Fraud & Credit Risk and…
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The Payment Systems Regulator (PSR) has announced that it has appointed Andrew Buckley as a Non-Executive Director (NED) to its board with immediate effect. Buckley is a Simon Industrial Fellow at The University of Manchester, researching service innovation and central bank digital currencies. He is an experienced Board member with financial services experience including prior…
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