Together recruits ex-M&S Bank CEO

Together recruits ex-M&S Bank CEO




Specialist lender Together has strengthened its new leadership team with the appointment of a former M&S Bank chief executive officer (CEO).

Colin Kersley has been appointed to the firm’s retail board as an independent non-executive director, and will also chair the retail audit committee.

He said: “I’m looking forward to sitting on the retail board at Together at this exciting time.

“The business is growing rapidly and the alternative finance sector as a whole is really changing the landscape of the financial services industry.”

As CEO, Colin worked closely with M&S Bank’s independent board to convert the card company to a bank in 2012.

His career in financial services spans over 40 years, having formerly worked at Midland Bank and HSBC.

“My prior experience will enable me to provide valuable insight and to support and challenge the business in the right way and I’m very pleased to have the opportunity to help shape the direction of the retail division,” Colin explained.

Mike McTighe, Group Chairman at Together, added: “We’re really pleased to welcome Colin as an independent non-executive director.

“His proven ability to deliver results throughout his career and his understanding in terms of sales, quality and regulatory demands will be invaluable in helping us to develop our retail division in line with our growth strategy.”

Together has a current loan book in excess of £1.7bn, and recently announced that total new lending for the year ended 31st March 2016 at £971m. 

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