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Aldermore names new chief financial officer

Sam Monk | 12:30 Wednesday 25th September 2019

Aldermore has appointed Claire Cordell as its new chief financial officer and an executive director on its board.

Claire was previously director of finance at the specialist bank and will replace current CFO James Mack, who has decided to leave Aldermore after six years and will become the new CFO at Barclays Bank (UK) PLC from 3rd February 2020.

Claire — who has over 20 years of experience in the financial services sector — joined Aldermore in March 2014.

She has also held senior finance roles at RSA Insurance Group and the Credit Suisse Group.

“I’m delighted that Claire Cordell, our director of finance, will become our new CFO and an executive director on our board,” said Phillip Monks, chief executive at Aldermore.

“Claire is a highly experienced and immensely capable leader who was instrumental in supporting the bank through our IPO and, subsequently, our acquisition by FirstRand.

“Claire has been with Aldermore for over five years and having done such a brilliant job leading our finance teams, it’s an absolute pleasure to promote her from within.”

Phillip added that James had made a significant contribution to Aldermore over the past six years.

“He has worked tirelessly as our CFO to ensure the soundness of the bank’s balance sheet and to place us in a great position to move forward with our ambitions over the next five years.

“I wish James every success for the future.”

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