Nick joins the peer-to-peer lending platform from Shawbrook Bank where he was chief operating officer and managing director of the consumer lending division.
He will be responsible for implementing Wellesley & Co’s strategy for continued growth in retail investor inflows and driving the company to its next stage of development.
Graham Wellesley, Joint CEO and Chairman, said Nick’s wealth of financial experience will be extremely valuable as the alternative finance sector looks to challenge established lenders.
“The appointment of a managing director specifically for our peer-to-peer business reflects our long-term commitment to the sector,” said Graham.
“Wellesley’s unique model of secured lending and risk-adjusted returns is proving extremely popular with our customers – Nick will expand our offering to an even wider audience in 2016.”
Nick said it was an exciting time to join Wellesley & Co given its impressive growth over the past few years.
“The depth of financial expertise within the organisation is unique in a young industry that includes many tech start-ups,” said Nick.
“I hope to build on this growth, while ensuring Wellesley continues to offer customers innovative, high value investment products that offer consumers a genuine, accessible and trustworthy alternative to those available from the establishment providers.”
Leave a comment