TransUnion appoints Mike Davies as UK COO
Consumer credit reporting agency TransUnion has appointed Mike Davies as new UK COO. He will look after the UK operations, optimising business processes to support continued growth.
Davies has more than 20 years of experience in operational and IT leadership as well as business transformation and change management. He has also held senior leadership roles across financial services, telecommunications and IT. He previously served as chief information officer for KCOM.
Addressing the appointment Satrajit Saha, CEO of TransUnion in the UK said: “In his role as chief operating officer, Mike Davies will be responsible for group operations and operational assurance, ensuring the highest standards of service for both our clients and consumers. With his extensive experience, he is a valuable addition to our UK leadership team as we continue to shape the business to deliver sustainable, long-term growth.”
Tide appoints Guy Duncan as CTO
Leading digital business banking platform Tide announced the appointment of Guy Duncan as its chief technology officer. Duncan joined the Tide executive team from BMW Group, where he was chief technology officer for the group’s connected company.
“Tide is an exciting company and I am very proud to be joining the team. My vision is for Tide to be a global fintech leader with a developer-centric environment,” says Duncan.
Prior to joining BMW, Duncan was the chief operations and product officer at PayU/Naspers and BWIN. He has experience in building secure platforms that are scalable and able to handle high volumes.
In August, Tide surpassed 100,000 members and increased its market share to 1.75 percent, with a plan to reach at least eight percent by 2023. Duncan’s appointment will help Tide to continue to build products that help small business owners save time and money. Following the appointment, Tide raised £44.1m in the first closing of Series B fundraising, launching Tide Plus, an upgraded account giving members additional support for running their businesses, and the creation of Tide Capital, a subsidiary company allowing Tide to offer its own credit products to members for the first time.
Oliver Prill, CEO, Tide said: “Guy will bring a huge amount of passion, energy and experience to Tide. He knows the fintech sector, having spent several years as CTO of PayU, being closely involved in the credit and remittances aspect of the business, as well as managing international operations.”
Huntington names new chief finance officer
Ohio-headquartered financial service provider Huntington Bancshares announced on October 17 that Zachary Wasserman will become its senior executive vice president and chief financial officer, effective November 4.
Wasserman previously served at Visa, where he was the CFO for the company’s North American business prior to which he had held several roles at American Express.
"I'm excited to join Huntington and build upon its impressive financial performance and customer-centric orientation. Huntington's commitment to serving the long-term needs of its shareholders, customers, colleagues and communities sets it apart as an organisation, and I'm looking forward to becoming part of the executive leadership team," says Wasserman.
Bank of Ireland appoints new chief financial officer
Bank of Ireland announced that it has appointed Myles O'Grady as group chief financial officer and executive director. O’Grady will be replacing outgoing CFO Andrew Keating who announced that he would be stepping down in the month of June.
O’Grady joined the bank in the month of June as its director of commercial partnering in Ireland. He has been associated with international financial services organisations including Citibank and Dresdner Kleinwort Benson.
Commenting up on the appointment of Myles O’Grady, CEO Francesca said: “Myles brings a wealth of experience to this important role, as the bank continues to deliver against its strategic priorities to transform the bank, serve customers brilliantly, and grow sustainable profits.”
Manolete Partners appoints new chief financial officer
London-based insolvency litigation financing company, Manolete Partners has appointed Mark Tavener as CFO. Tavener will succeed Patrick Lineen.
Manolete’s chief executive officer, Steven Cooklin, said: "We are grateful to Patrick for assisting us through the IPO process and a successful first year as a listed company. We are pleased to welcome Mark to the team at this exciting new growth phase of the business."
Deutsche Handelsbank appoints two CEOs
Germany-headquartered commercial bank Deutsche Handelsbank announced on October 8 that Jens Munk and Dr Frank Schlaberg will take over as the company’s CEOs with immediate effect.
Munk is an experienced investor and investment banker in the European technology sector while Schlaberg was appointed to the management board of Deutsche Handelsbank on August 1. The German bank appointed two CEOs as it plans to focus on fintechs and SMEs.
“We proofed that our business model is profitable. We are growing in all business segments, be it payment, growth or VC financing, corporate loans or banking as a service for Fintechs. Now it is our task to scale up and Europeanise the bank,” says Munk.
Aldermore appoints Claire Cordell as CFO
Reading-headquartered retail bank which provides financial services to small and medium-sized businesses Aldermore Bank has appointed former director of finance Claire Cordell as chief financial officer. Prior to joining Aldermore in 2014, Cordell held senior finance roles at RSA Insurance Group and Credit Suisse Group. She will be replacing James Mack who is joining Barclays Bank UK.