Alternative business lender ThinCats has appointed consumer lending veteran Mark Guttridge as its chief financial officer.
Guttridge has more than 20 years’ experience in the credit rating, insurance and consumer lending sectors. He previously worked as finance director at Oakbrook Finance, and his CV includes stints at Experian and BGL.
“Mark brings a great range of expertise gained at companies such as Experian and BGL which will be vital as we look to scale up,” said Amany Attia, chief executive at ThinCats.
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“Our immediate priority, however, is to support our existing borrowers and investors, so it’s encouraging to have someone of Mark’s wide experience and skills in risk management, data analytics and financial controls onboard to help deliver this.”
Earlier this year, ThinCats hired another Experian alumna – Gareth Rumsey – as head of data analytics. The appointments come as the platform scales up its business despite the ongoing coronavirus pandemic.
“I am delighted to be joining ThinCats at a time when business lenders have a critical role to play in helping UK businesses trade through the current crisis and be in a position to take advantage of opportunities once economic activity picks up,” said Guttridge.
“The ThinCats’ model of accessing institutional capital to fund business loans will enable us to support many viable businesses over both the short and long term.”