The CEO of Amicus Finance will join the board which is made up of a number of specialists from across the asset-based lending sector with the association being led by CEO Stephen Jones.

The other board members include:

•    Ashok Vaswani, CEO at Barclays UK
•    Ian Stuart, CEO at HSBC UK
•    Peter Hill, CEO at Leeds Building Society
•    Joe Garner, CEO at Nationwide Building Society 
•    James Bardrick, UK CEO at Citigroup
•    Joanna Elson, CEO at Money Advice Trust
•    Ron Kalifa, vice-chairman and executive director at Worldpay.

“The establishment of UK Finance will see increased representation for a range of sectors across the UK financial services industry and I am delighted to be the representative voice for the asset-based lending sector, a specialist area that I know well and one that is going from strength to strength.

•   Amicus launches specialist services team
•   Ex-Amicus Finance director joins Target Group as CFO
•   Rob Lankey joins Amicus

“I am confident that together the board of UK Finance will drive a positive forward-looking agenda that highlights the industry’s vital contribution to making a post-Brexit UK work for consumers, SMEs and industry.”

Since joining Amicus Finance in 2014, John has helped the lender through its bank authorisation process.

Amicus Finance hopes to receive its banking licence this year to allow it to fulfil its long-term growth objectives by accessing an alternative and efficient source of funding.

Speaking about the board appointments, Bob Wigley, chair of UK Finance, added: “This high-profile board has been created to ensure that the interests of all our members are fairly represented and we really focus on the issues that not only our members, but also their customers and broader society think are important.

“I look forward to working with the board and Stephen Jones to enhance the development of a vibrant, diverse and competitive financial services sector in the UK, which consumers value and trust.”