Zopa has appointed a non-executive director of its peer-to-peer lending business to join the group’s board.
Michael Woodburn joined Zopa’s P2P board as an independent non-executive director last year, as part of a shakeup of management that created separate group, bank and P2P boards.
Woodburn has now also been named as a director of Zopa Group.
He will sit on both the group and P2P boards.
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Woodburn currently works with venture capital consultancy Blenheim Chalcot and was previously chief executive at Oakbrook Finance, chief marketing officer and chief operating officer during a 14-year career at Capital One UK.
It comes after Nigel Morris, co-founder of credit card giant Capital One, stepped down as a non-executive director of Zopa’s group board after three years in the role in August.
There have been other board changes at Zopa recently, including the departure of group general counsel and company secretary Olivia Broderick and non-executive director Charles Birnbaum.
In June, three Zopa backers joined the group board – Chris Jones, Jeppe Zink and Nicholas Aspinall.