[2], The acquisition of Ruffler Bank in May 2009 provided Aldermore with its banking licence and an asset finance business which was combined with the commercial mortgage business of Base Commercial Mortgages, a small mothballed operation. 2022 Metropolis Group Holdings Limited and / or its subsidiaries and licensors. (Alliance News) - FirstRand Ltd on Tuesday it has appointed Steven Cooper as chief executive officer of Aldermore Group PLC, the South African bank's UK business. Steven Cooper has now taken up the role of CEO of Aldermore following the retirement of Phillip Monks OBE. Mr Cooper will replace Philip Monks, Aldermore's founder, who announced earlier this year that he planned to retire in 2021. If you continue browsing, we assume that you consent to our use ofcookies. At the end of last year, its lending to customers stood at 12bn. Before that he was a director of Alliance & Leicester plc where he was the Managing Director of the Commercial Bank. Steven Cooper CEO of Aldermore Group. Bloomberg Daybreak Asia. He added: The board and shareholders are committed to achieving a similar growth trajectory over the next few years, whilst maintaining the business purpose and its strong values. Ruth graduated in 2001 from the University of Cambridge with an MA (first class) degree in Natural Sciences. Presently, Jonathan Patrick Lagan holds the position of Secretary for Aldermore Group Plc. [10], Aldermore provides financial services to small and medium-sized businesses. Non-Executive Director and Chair of the Audit Committee of Hikma Pharmaceuticals PLC, Non-Executive Director and Chair of the Risk Committee of Ardonagh Group Limited, Non-Executive Director of Res Media Limited, Non-executive Chairman of Shop Direct Finance Company Ltd, Non-executive director of Computershare Loan Services group of companies, Corporate Governance and Nomination Committee (Member), Non-Executive Director and Chair of the Remuneration Committee of Citi Europe PLC, Deputy Chair of the Financial Reporting Review Panel, Non-Executive Director of Societe Generale International Limited, Trustee and Member of the Governing Council of the Centre for the Study of Financial Innovation, a not-for-profit City-based think-tank, Executive Director of FirstRand Limited and FirstRand Bank Limited, Director of various FirstRand subsidiaries, Director of Rejah Investments (Pty) Ltd (Investment Vehicle), Chief Executive Officer of FirstRand Limited and FirstRand Bank Limited, Non-Executive Director of FirstRand Investment Management Holdings Limited, Board Member of the Banking Association of South Africa, Non-executive director at Nomura Bank International, Chair of Banque Nomura Frances Audit and Risk Committee, Chair of the Remuneration Committee of Nomura Europe Holdings plc, Seccl, a wealth tech rebuilding the infrastructure of investments and advice, Octopus MoneyCoach, which provides employees with a dedicated coach for their personal finances. As well as holding the role of CEO of the personal banking business at Barclays he was also CEO of Barclaycard Business Solutions. Steven Cooper Chief Executive Officer Ralph Coates Chief Financial Officer Tim Boag Group Managing Director - Business Finance Andrew Lewis Chief Risk Officer Nick Ulycz Chief People Officer Paula Walter Chief Technology and Information Officer Danielle Soto Group Managing Director - Savings & Commercial Shared Services Monks, who announced his retirement from Aldermore last year, founded the bank in 2009. Cooper, speaking last year when it was announced he was to replace Monks, said: Under the leadership of Phillip Monks, Aldermore has gone from a vision to a substantial business in just a short period of time. Reg as our new General Counsel, and Ross as new Managing Director for the Property business. to your inbox. Steven Cooper, CEO of Aldermore Group, said: "Aldermore bank was established in the teeth of the financial crisis to challenge the industry to do better and open up finance to people and businesses who weren't being looked after by the financial sector. A common scam is Inheritance Fraud, where the recipient is advised that they are in line to receive a substantial inheritance before being asked to make several payments in advance of receiving the inheritance. Sky News has learnt that Steven Cooper, who runs C Hoare & Co, has been persuaded to jump ship after less than two years to become the next boss of Aldermore, the specialist lender. Without colleagues like this, Aldermore Bank and MotoNovo Finance wouldn't be where they are today, and it's fantastic to see them getting the recognition they . Steven Cooper. Cooper, who was previously CEO of C.Hoare & Co, has more than three decades of international banking experience. Steven Cooper Aldermore Bank @ FirstRand Move Chairman of the Board Pat Butler Move Director Richard Banks Move Director Des Crowley Move Director Ruth Handcock Move Director John Hitchins Move Director Harry Kellan CFO @ FirstRand Move Director Romy Murray Move Director Alan Pullinger CEO @ FirstRand Move CFO Ralph Coates Move Capital Management [14], Aldermore has no branch network but serves customers and intermediary partners online, by phone and face to face through its regional offices. Aldermore Group has appointed Steven Cooper (pictured above) as chief executive officer with effect from May 2021, subject to regulatory approval. South African financial services group FirstRand Limited acquired Aldermore in 2018, and chief executive Alan Pullinger comments: It is testament to the quality of the Aldermore franchise that the business has attracted a new chief executive of the calibre of Steven. 11th November 2020 Why? Steven Cooper CBE'S Post Steven Cooper CBE CEO, Aldermore Group 6mo Edited in Company news Prior to joining TSB, he was Finance Director at the Bank of England, from 2013 to 2016, after nine years at Barclays, latterly as the Finance Director of Barclays UK Retail & Business Bank. Alan brings over 20 years' experience in the banking and professional services industry to the Board of Aldermore Group PLC. It was a constituent of the FTSE 250 Index until it was acquired by South African banking conglomerate First Rand in March 2018. Cooper noted that under Monks leadership Aldermore had grown from a vision into a substantial business within a short period of time. He has previously served as a Non-Executive Director of Bank of Ireland Group PLC and Bank of Ireland (UK) PLC and was a partner at The Resolution Group, which conducts investment and restructuring activities in financial services. Previously Steven was a Senior Executive at Barclays where he held a number of executive positions including CEO Barclaycard Business (the leading global payments franchise), CEO Personal Banking. Steven Cooper Chief Executive Officer, Aldermore Group London, England, United Kingdom View 5+ aldermore.co.uk steven-cooper.net gmp3.hbs.edu hoaresbank.co.uk barclays.com barclaycard.co.uk barclayscorp.com 2 44207116XXXX +44 7500 63XXXX Steven Cooper Chief Operating Officer and Chief Financial Officer Auckland, Auckland, New Zealand View 4 By admin Romy Murray has over 30 years of experience in the financial services and oil industries. Ami carried out a survey of 5,000 people to find out why more are not buying protection plans alongside their mortgages, and discovered that while 62 per cent of those asked knew what critical illness [], The Financial Conduct Authority is updating its support for borrowers impacted by coronavirus following the governments announcement on Saturday of a new national lockdown. This documentary-style series follows investigative journalists as they uncover the truth. [16] Non-executive directors are Richard Banks, John Hitchens, Harry Kellan, Alan Pullinger, Cathy Turner, Romy Murray, Nicolina Andall and Ruth Handcock. By John Fitzsimons He joined Rand Merchant Bank in 1998 (prior to the creation of FirstRand Limited) and was appointed CEO . [3], AnaCap purchased Cattles Invoice Finance, a factoring business, from Cattles PLC in 2009, and in 2010 the division became part of Aldermore. Steven Cooper to take up CEO post at Aldermore, House prices see annual fall in January, Nationwide data shows, CMA launches investigations into housebuilding and rented sectors, Customers using 50+ mortgage for debt consolidation jumps 16%: Hodge, Hampshire Trust Bank names McMillen as bridging BDM, Average discount for sold property largest in five years, Zoopla says, Santander reduces affordability rate on resi retained property, Arrears figures stable as 2022 closes: UK Finance, FSCS says January and December sees 13 firms go into default, ONS says construction output remains flat in December, Lloyds Banking Group CEO says 200,000 borrowers face mortgage shock in 2023, PLS Solicitors receives ABS license from SRA. Ralph was most recently CFO of TSB for five years and was pivotal in driving its transformation and growth strategy. Prior to this role he was with Barclaycard Business Solutions where he was also CEO, managing the payments division for Barclaycard including Merchant Acquiring, Commercial Payments and Sales Finance. Most of his career has been in UK Banking, but he has had significant experience across Europe and the US and also spent four years working and living across Africa and India. Steven Cooper : Products: Financial services: Revenue 358.2 million (2016) Operating income 144.2 million (2016) Net income 93.5 million (2016) Website: www.aldermore.co.uk: Aldermore Bank is a retail bank which provides financial services to small and medium-sized businesses. Former chief executive Phillip Monks announced his decision to retire from Aldermore in 2021, after founding the Bank in 2009. Sign up to Mortgage Strategy news alerts and keep up-to-date with the latest developments in the UK broker market. [19] Aldermore is a member of the following bodies: the British Bankers' Association,[20] the Finance and Leasing Association,[21] the Asset Based Finance Association,[22] the Council of Mortgage Lenders[23] and the Intermediary Mortgage Lenders Association. Aldermore provides loans to UK-based small and medium-sized companies, as well as mortgages and savings accounts. Relevant skills, strengths and experience: Andrew Bailey says 'nothing is decided' suggesting interest rates may rise less than thought, Brexit and bad planning also to blame for UK fruit and veg shortages, Spain says, Australian financial titan Macquarie plots takeover of 5bn M&G. free lookups / month. Mortgage Finance Gazette is owned byMetropolis International Group Limited, a member of the Metropolis Group; you can view our privacy and cookies policy here. Mortgage Finance Gazette is owned byMetropolis International Group Limited, a member of the Metropolis Group; you can view our privacy and cookies policy here. His most recent leadership role was as CEO of Bank of Ireland UK PLC (2012 to 2019), the independent subsidiary of the Bank of Ireland Group, with a full service retail and commercial bank in Northern Ireland and significant partnerships with the UK Post Office, Automobile Association and UK wide Mortgage Intermediaries and Motor Dealerships. Prior to becoming CEO at Octopus Investments in 2018, Ruth was Chief Customer Officer and Chief of Staff at Tandem Bank. Romy spent much of her executive career at Standard Chartered, including in senior positions in the Banks risk and legal functions. The company became part of FirstRand Group, the largest financial services group in Africa by market capitalisation, in 2018. The deal valued Aldermore at 1.1bn. in Company news, Market news Alan qualified as a Chartered Accountant, having trained with Deloitte, where he spent five years before being made Partner in 1996. Ralph qualified as a chartered accountant with PwC in South Africa before joining the firm in London in the Transaction Services division. He continued: With Stevens leadership we will continue to champion those values, to pursue our purpose of backing people to fulfil lifes hopes and dreams, and to support our customers, colleagues and communities in these difficult times. Mortgage Strategy Events For more information on how to stay safe online please visit our Security pages. Pat has also chaired the Investment Committee of British Business Bank Investments Ltd, which is the commercial arm of the British Business Bank. million verified professionals across 35 million companies. Steven Cooper CBE'S Post. Pat is a qualified accountant and a Fellow of the Institute of Chartered Accountants in Ireland. Ruth is experienced in working in finance and investments. [13] Its lending activity is largely funded by the deposits it receives from business and personal savers. while embracing and strengthening our culture and values. [4], It raised 62 million of further investment from a consortium of funds managed by Goldman Sachs Asset Management, Honeywell Capital Management, and the Ohio Public Employees Retirement System in August 2011[5] and it received an additional capital investment from Centerbridge Partners when it issued a 36 million subordinated bond in May 2012. India FM Jaishankar says Soros dangerous, debate needed on democracy, Buffett's Berkshire profit falls on investments, currencies, Bill Gates buys Heineken stake, despite saying he's 'not a big beer drinker', Elon Musk recruits team to develop OpenAI rival - The Information, Musk donated around $1.95 billion in Tesla shares last year, Hedge fund manager Chris Hohn demands Airbus drop Atos deal - letter, Elon Musk's challenge: Stay ahead of the competition, ISS urges Apple shareholders to vote for CEO Tim Cook, other execs' pay packages, Elon Musk accuses media of racism after newspapers drop 'Dilbert' cartoon, French media billionaire Niel fails with bid for TNT television frequence - Arcom, Chief Executive Officer & Executive Director, Social Mobility Commission (United Kingdom). What Could Elon Musk Possibly Be Thinking? Alan brings over 20 years experience in the banking and professional services industry to the Board of Aldermore Group PLC. Relevant skills, strengths and experience: No credit card required. Des has over 30 years financial services experience, having spent most of his career at Bank of Ireland Group where he lead businesses in Ireland and the UK including retail and commercial banking, SME, wealth management, insurance, and technology. There are two home purchase products, which will launch at 9am on Monday 2 November and be withdrawn at 8pm on Wednesday 4 November. Markets never sleep, and neither does Bloomberg. Prior to this, he spent 30 years at Barclays, starting as a branch cashier and working his way up to lead several of their major businesses, including Barclaycard Business Solutions, Personal Banking for UK & Europe, and Business Banking in the UK. He was appointed to his current role as CFO of the FirstRand Group in January 2014. [11] Its services include retail and business savings and asset and invoice finance, as well as commercial and residential mortgages. John has extensive financial and audit experience, having previously held the position of senior banking partner at PricewaterhouseCoopers LLP, specialising in bank auditing and advisory services for banking clients. A five-year fixed rate [], For business development managers across the UK, the prime ministers address to the nation on 23 March changed their working lives entirely. Steven Cooper CBE CEO, Aldermore Group 1d I'm delighted to launch our first ever Report to Society, which we'll be repeating in the years to come as we measure the bank's societal impact and. Steven Cooper - CEO of Aldermore Group Previously, Steven has been CEO at C. Hoare & Co, the UK's oldest privately-owned bank, for two years where he has developed and led an extensive programme of change. Steven Cooper CBE CEO, Aldermore Group 1mo I'm delighted to launch our first ever Report to Society, which we'll be repeating in the years to come as we measure the bank's societal impact and. Forward thinking CEO/ Board Member with a significant history in business and banking across UK, Europe, Africa and US. He is also Chairman of Experian UK and a Non-Executive Director of the global recruitment company Robert Walters PLC. ", Specialist lender Aldermore raids UKs oldest bank for new chief. We are confident that his track record, across multiple banking disciplines, will ensure Aldermore continues to deliver for FirstRand shareholders.. If you continue browsing, we assume that you consent to our use of, Accord to open three-day window for 90% LTV mortgages, Comment: Covid-19 has changed the role of BDMs, Clients confused over protection policies: Ami, FCA updates payment holiday guidance as lockdown approaches. To read our archive of previous updates or begin receiving future updates, register here! He is also Interim Chair of the UK Government's Social Mobility Commissionas well as a Non-executive Director on the board of a private equity backed payments business. Relevant skills, strengths and experience: Coopers appointment will take effect from May 2021 subject to regulatory approval. Joined the Group: May 2021. Forbury Rd, Reading, Berkshire RG1 1AX, GB, View 0. More information can be found in ourPrivacy Policy. Aldermore was established with backing from private equity company, AnaCap Financial Partners LLP, in early 2009. In May 2021 Steven will join Aldermore Bank as CEO and until recently he was CEO of C. Hoare & Co. Romy is also an experienced executive coach and an ambassador for Women on Boards. Steven Cooper Chief Operating Officer and Chief Financial Officer Auckland, Auckland, New Zealand View 4 gmail.com kp.co.nz db.co.nz kotahi.co.nz 5 +64 274 305XXXX +61 414 207XXXX +64 9-551 XXXX +61 2 9020 XXXX +61 2 8238 XXXX Steven Cooper Vice President, Market Access Marlboro Township, NJ, US View 5 sunpharma.com aol.com merckgroup.com Only registered users can post comments. Register today to receive our range of news alerts including daily and weekly briefings. [7], Aldermore was recognised as a challenger bank by the media,[8] and launched a successful initial public offering in March 2015,[2] with an opening market capitalisation of approximately 651 million. In the past he held the position of Chief Executive . Get 5 free searches. Steven Martin Cooper. Cooper sits on several advisory boards, including the Cabinet Office-sponsored Social Mobility Commission on which he is joint chair. From farmers to freelancers, our specialist lending and savings accounts can give you the support you need to help make things happen. Des was a member of the Bank of Ireland Group Executive Committee from 2000 until retirement in October 2019 and served as a Director on the Bank of Ireland Court from 2006 to 2011. City sources said a formal announcement could be made as early as Tuesday. Steven Cooperisto take over as chief executive officer at the Aldermore Group stepping into the role in May 2021, subject to regulatory approval. Relevant skills, strengths and experience Steven Cooper, Aldermore Group PLC: Profile and Biography - Bloomberg Markets Live Now Bloomberg TV+ Bloomberg Markets China Open Bloomberg Markets: China Open is the definitive guide to. Aldermore has hired banking veteran Steven Cooper as its new chief executive, with effect from May 2021. Cooper, who is currently chief executive of C. Hoare & Co, will replace the. He joined Rand Merchant Bank in 1998 (prior to the creation of FirstRand Limited) and was appointed CEO in 2008 until his promotion to deputy CEO of the FirstRand Group in October 2015 and to CEO in April 2018. The Board and shareholders are committed to achieving a similar growth trajectory over the next few years, whilst maintaining the business purpose and its strong values. 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