UK-based monetary providers supplier Aldermore Group has introduced the appointment of Louise Britnell as its new chief monetary officer (CFO).
Beginning this month, Britnell will take over from Ralph Coates, who has held the CFO place since Might 2022.
Most just lately, Britnell was CFO on the Co-operative Financial institution, the place she managed the finance, treasury, authorized, and secretariat features.
Aldermore mentioned her tenure on the Co-operative Financial institution was marked by achievements, together with taking part in a key function within the financial institution’s progress and its profitable acquisition by Coventry Constructing Society earlier within the 12 months.
Aldermore CEO Steven Cooper mentioned: “We’re thrilled to welcome Louise to the enterprise. She brings deep monetary providers experience and is exceptionally nicely positioned to assist our ambitions as we enter the following section of our journey.”
Earlier than her time on the Co-operative Financial institution, Britnell gained expertise at one of many UK’s largest pension schemes by property.
Her profession started at Deloitte, the place she labored with a various vary of shoppers in banking, insurance coverage, and non-standard lending sectors.
Commenting on her appointment, Britnell mentioned: “I’m excited to be becoming a member of Aldermore at such a pivotal time in its progress. I stay up for working with Steven and the broader management group to construct on the financial institution’s robust momentum and to proceed supporting underserved areas of the market.”
Coates mentioned: “It has been a privilege to function CFO at Aldermore. I’m extremely pleased with what now we have achieved collectively, and I want Steven, Louise and the entire group each success because the financial institution continues to develop and evolve.”
Final month, Aldermore obtained accreditation as a lender underneath the British Enterprise Financial institution’s Progress Assure Scheme (GGS) for its bill finance and time period mortgage choices.
The GGS is the successor to the Restoration Mortgage Scheme (RLS), underneath which Aldermore was beforehand accredited.
It gives Aldermore and different accredited lenders with a government-backed assurance, whereas debtors stay absolutely accountable for repaying the debt.
This initiative is meant to facilitate financing entry for small and medium companies within the UK as they search alternatives to speculate and develop.
Moreover, it goals to boost the borrowing phrases supplied and is accessible to each present shoppers of Aldermore bill finance and potential new shoppers.
“Aldermore Group names new CFO” was initially created and printed by Leasing Life, a GlobalData owned model.
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