Zopa Bank has appointed Monzo’s director of credit Graham Robinson as its new chief risk officer (CRO).
The appointment is the latest in a line of senior hires made by the banking challenger as it looks to extend its growth following a $300 million pre-IPO funding round led by Softbank.
Robinson joins Zopa after a 20 year career in credit risk, operations and digital including 18 years at Capital One, where he held positions including VP: digital, VP: customer management, collections & recoveries, and head of credit in Italy.
Most recently, he was the director of credit at Monzo where he built the credit risk management capability to support the FinTech challenger as it scaled.
Zopa said Robinson will lead Zopa’s credit risk function as the company begins its journey towards an Initial Public Offering (IPO).
The news follows the appointment last month of Helen Beurier as Zopa’s first chief people officer, (ex M&S, PepsiCo, GSK), who is now expanding the bank's talent, recruiting and HR functions. The bank is actively recruiting for other positions.
Commenting on his appointment, Robinson said: “Zopa is unique as it has the energy and innovation of a new bank, but 16 years’ experience and expertise in the lending market.
“Zopa’s growth so far has been exciting, and I believe that its approach to risk management can continue to give it a competitive advantage in the future. I’m delighted to be joining Zopa at this pivotal point in its journey and to be part of a team delivering products and services that truly help people manage their money better.”
Jaidev Janardana, Zopa’s chief executive added: “At Zopa we have an ambitious vision. We will only achieve it by attracting the best talent across all functions, including in our senior leadership team. We’re delighted to welcome Graham to the team. He brings a wealth of experience in risk management which will enable Zopa to build a strong and well controlled platform for continued growth.”
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