Aldermore names new chief credit officer

John has joined the specialist lender and savings bank from RBS, where he served in a variety of portfolio management and risk roles over the past 27 years.

Prior to his appointment at Aldermore, John was responsible for the embedding of a credit risk management framework in RBS’s asset and invoice finance businesses.

In his new role at the lender, he will report to Christine Palmer, chief risk officer at Aldermore, join the bank’s group risk senior leadership team and be based at the bank’s Reading office.

John said: “Aldermore is on an incredible journey and is really shaking up the banking industry.

“I’m looking forward to being a part of this, using my expertise to continue to build on the bank’s enterprise risk framework supporting SMEs across the UK.”

Christine added: “I am delighted that John is joining Aldermore.

“He is a great addition to our team, bringing experience, understanding and in-depth knowledge of the financial services and risk management environment.

“Drawing on his expertise, he will play a pivotal role in the delivery of IFRS9 [International Financial Reporting Standards 9] to the business.”