Zopa bolsters executive team to prepare for bank launch
ZOPA has announced three new hires to boost its executive team ahead of the launch of its banking brand.
The peer-to-peer lender has appointed a chief officer for its risk, finance and customer departments.
Steve Hulme (pictured) has been appointed chief financial officer (CFO) joining from challenger bank Tandem Money.
He has also previously served as CFO for PayPal’s global credit business and Capital One’s UK and Canadian business.
Phillip Dransfield joins Zopa as chief risk officer from TSB Bank and Clare Gambardella has been appointed chief customer officer, moving from her previous role as group chief marketing officer at Virgin Active.
“Last year was another stellar year for the growth and development of Zopa and our team continues to go from strength to strength in 2018 at what is a hugely exciting time for the business,” Jaidev Janardana, chief executive of Zopa, said.
“We’re delighted to have three high profile and exceptionally talented people join the business. Our people are our biggest competitive advantage and these additions further strengthen our position.”
Janardana revealed last year that once launched, Zopa Bank would offer unsecured personal loans with no early repayment charges and credit cards with no introductory offers but a flat rate as well as savings and investments that prioritise existing customers.
It will also offer auto-loans, allowing users to do a soft-search for products.
Read more: Zopa unveils plan to wind down provision fund as it readies for IFISA launch
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