Aldermore has named Damian Thompson (pictured above) as its new group managing director for retail finance, subject to regulatory approval.
Damian — who was previously Aldermore’s director of mortgages — will succeed Sue Hayes in the role, following her decision to leave the specialist lender.
He has worked in financial services for 27 years and joined Aldermore on an interim basis in 2017, until his permanent appointment in August 2018.
Phillip Monks, chief executive at Aldermore, said: “I’m delighted that Damian will become our new group managing director for retail finance.
“His appointment shows, once again, the depth of talent within Aldermore to be able to promote from within our business.
“Damian has made a significant contribution to Aldermore since he joined us; driving forward growth in our mortgage offering, in particular in the first-time buyer and BTL markets.
“He is also a dynamic, knowledgeable and well-regarded speaker on the mortgage sector.”
Temenos partners with ClearBank for cloud payments
Banking software company Temenos has formed a strategic relationship with ClearBank to provide banks with a faster route to market for real-time cloud payments...
Unity Trust Bank registers 34% rise in profits
Unity Trust Bank increased profits by 34% in 2019...
Believe the hype – why explainable AI is a trend that’s here to stay
Technology has become a ubiquitous part of our day-to-day lives...
Piloting tech updates: ‘The bigger the bank, the harder it is to get anything done’
In the latest Medianett filmed roundtable session, we discussed how important technology is in the banking space, and what impact the industry expects it to have on its businesses in the future...
What banks need to know about cloud security
One of the most common perceived concerns when adopting the cloud is the issue of security...
OakNorth sees 95% increase in pre-tax profits
OakNorth Bank has announced a 95% rise in pre-tax profits in 2019 to £65.9m, up from the £33.9m recorded in 2018...
Redwood Bank signs up to Women in Finance Charter
Redwood Bank has announced that it has signed up to the Women in Finance (WIF) Charter...
Masthaven launches digital Women in Leadership programme
Masthaven Bank has launched a new Women in Leadership digital development programme for female senior leaders...
Protecting against supply chain disruption and the domino effect
Disappointingly, many UK SME business owners don’t understand their supply chains...
Confused about which Isa to choose? Hopefully this mini-guide will help…
We are now firmly in Isa season, so you’re likely to read multiple articles about the most competitive Isa products in the market and how best to make the most of your Isa allowance before the end of the tax year...
Garden shed entrepreneurs contribute £16.6bn to the UK economy
Entrepreneurs who run their businesses from garden sheds contribute £16.6bn annually to the UK economy, according to a recent study...