RATESETTER has appointed a risk expert as the fourth non-executive director on its board.
Stuart Bridges will join the peer-to-peer lending platform’s board in September and will chair its audit committee.
Bridges, a chartered accountant, is the chief financial officer at consultancy Control Risks and has previously worked in similar roles at Nex Group and Hiscox.
“RateSetter is a fast-growing and dynamic business which is pioneering an exciting new, modern model of finance that, when fully scaled up, will be a game-changer for investors,” he said.
“I am looking forward to joining the board and contributing to the next phase of the business’ development.”
The current chair of RateSetter’s board audit committee, Ian Boyce, will remain as a non-executive director and board member.
The rest of the board is made up of Jim Gunner, former senior executive for group risk for HSBC Holdings, who chairs the board’s risk committee, and board chair Paul Manduca who joined last July.
“Stuart brings deep knowledge and experience of sound financial management in high growth businesses which will be integral as we build a modern investment brand underpinned by a sustainable, efficient business. I am very pleased to welcome him to RateSetter,” Manduca said.