Assetz Capital

Assetz Capital appoints new chief risk officer




Assetz Capital has appointed Chris Macklin (pictured above) as its new chief risk officer.

Chris joins the P2P lender after gaining over 35 years of experience at RBS and NatWest, where he was head of complex customer management and a regional director for real estate finance and commercial banking.

At Assetz Capital, Chris will head up all of the risk management operations within the company, as well as build on the established and functional risk management framework already in place.

“There is so much potential in alternative finance, and Assetz Capital are one of the leading lights,” said Chris.

“While the traditional banking sector is saddled with many legacy challenges that it is struggling to address, it does have a very mature approach to risk.

“I’ll be ensuring we take learnings from this and ensure that Assetz Capital continues to be the industry benchmark when it comes to managing risk.”

Stuart Law, CEO and co-founder of Assetz Capital, said that Chris brought extensive risk management experience at a time of significant growth for the company.

“We always want to lead the P2P market when it comes to risk management – we know that this rigour ultimately benefits both our investors and borrowers.

“With Chris’ appointment, we are aiming to go further and establish the best practice standard in the wider alternative finance industry.”

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