OneSavings Bank Plc
OSB:LN
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Overview
Company Profile
Specialist lender and retail saving group offering residential, buy to let and commercial mortgages, secured loans and development finance. It primarily targets underserved market sub-sectors that offer high growth potential and attractive risk-adjusted returns in which it can take a leading position and where it has established expertise, platforms and capabilities. Its brands include: Kent Reliance, InterBay Commercial, Prestige Finance and Heritable Development Finance. Created in June 2014 it floated on the LSE in June 2015. The lender is primarily funded by retail savings originated through Kent Reliance and which includes online and postal channels.
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Financials
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Corporate
Board of Directors
Mike Fairey
Non-Executive Chairman
Mike Fairey, Non-Executive Chairman Mike joined OneSavings Bank in 2014. He is an extremely experienced banking executive. In a career spanning more than 40 years, he has held a range of senior positions. For 10 years, until 2008, he was Deputy Chief Executive of Lloyds Banking Group. Currently, he holds a number of non-executive positions, including the chairmanship of APR Energy. He is also the Chairman of the Trustees of the Lloyds TSB Pension Funds.
Andy Golding
Chief Executive Officer
Andy has over 25 years’ experience in financial services and has held senior positions at NatWest, John Charcol and Bradford & Bingley. Prior to joining OneSavings Bank he was the CEO of Saffron Building Society, where he had been since 2004. He holds a number of positions with industry institutions including membership of the Building Societies Association\'s Council and the Council of Mortgage Lenders Executive Committee. He is also a Director of the Building Societies Trust and has also served as a Non-Executive Director for Northamptonshire NHS. Andy is passionate about simplicity and fairness in financial services and is a published author on the subject of financial education.
April Talintyre
Chief Financial Officer
April Talintyre, Chief Financial Officer April Talintyre, joined OneSavings Bank as Finance Director in May 2012. Prior to joining the Bank she worked for Goldman Sachs International for over 16 years, most recently as an Executive Director in the Rothesay Life pensions insurance business and prior to that as an Executive Director in the Controllers division in London and New York. April began her career at KPMG in a general audit department. She has been a member of the Institute of Chartered Accountants in England and Wales since 1992.
Malcolm McCaig,
Non-Executive Director
Malcolm joined Kent Reliance in 2009. He was Chairman of the Kent Reliance Building Society and later Kent Reliance Provident Society. Malcolm has worked extensively in the financial services sector. He was a Partner at both Ernst & Young and Deloitte, and has held senior management positions at Prudential, National Australia Bank and CIGNA. His Non-Executive Director portfolio includes Unum, Punjab National Bank (International) Ltd, Tradition (UK) Ltd and QBE Europe.
Tim Hanford
Non-Executive Director
Tim joined Kent Reliance in 2010. Tim is Managing Director of J.C. Flowers & Co. UK Ltd. Prior to his role at JCF, he was Head of Private Equity at Dresdner Bank and a member of the Institutional Restructuring Unit\'s Executive Committee. Tim has also served as a Board Director of Schroders, based in Hong Kong and Tokyo, where he was responsible for structured finance. He holds an MS from Stanford University\'s Graduate School of Business, where he was a Sloan Fellow and a BSc in Chemical Engineering from Birmingham University.
Dr. David Morgan
Non-Executive Director
Dr Morgan joined Kent Reliance in 2010 and remained on the board after the business was transferred to Medway. Dr Morgan became the managing director in charge of J.C. Flowers & Co for Europe and Asia Pacific in December 2009. From 1999 to 2008, he served as chief executive officer of Westpac Banking Corporation, a global top 20 bank. Prior to joining Westpac, Dr Morgan was the Senior Deputy Secretary of the Australian Federal Treasury. Dr Morgan was Chairman of the Australian Bankers Association from 2006 to 2007. In 2009, Dr Morgan was awarded an Order of Australia in the Australia Day Honours by the Federal Government for his service to the finance sector. This recognised his role as a leader in the development of policies affecting the regulation of financial institutions, corporate social responsibility and economic reform.
Rod Duke
Non-Executive Director
Rod joined OneSavings Bank in 2012. He was formerly a Group General Manager, HSBC with responsibility for UK distribution - branches, call centres and internet banking - for both personal and commercial customers. Rod was with HSBC for 33 years and has extensive experience across retail and commercial banking. Previous directorships include VISA(UK), HFC Bank plc and HSBC Life. He also served on the board of Alliance & Leicester plc until its takeover by Santander. Rod is a Fellow of the Institute of Financial Services.
Stephan Wilcke
Non-Executive Director
Stephan joined Kent Reliance in 2011. He is on the General Council of the Hellenic Financial Stability Fund, is a member of the Financial Services Commission of Jersey and is a member of the Board and Investment Committee of EMF Capital Partners Ltd. Stephan was previously Chief Executive Officer of the Asset Protection Agency (APA), an executive arm of HM Treasury. Prior to this he advised various central banks on difficult situations created by the credit crunch. He was also a partner and Head of European Financial Services at Private Equity firm Apax Partners. Stephan started his career at management consultancy Oliver Wyman where he progressed to partner level.
Mary McNamara
Non-Executive Director
Mary joined OneSavings Bank in 2014. She was CEO of the Commercial Division and Board Director of the Banking Division at Close Brothers Group PLC, responsible for the Asset, Invoice and Leasing businesses in the UK and overseas from 2010 to 2013. Mary spent a year as COO of Skandia, the European arm of Old Mutual Group and prior to that, 17 years at GE Capital, running a number of businesses including GE Fleet Services Europe and GE Equipment Finance. Mary is Chair of Governors of the Leasing Foundation.
Graham Allatt
Non-Executive Director
Graham joined OneSavings Bank in 2014. He is a senior commercial and retail banker who worked in credit and risk roles at a number of the UK’s major banks for 30 years including being Acting Group Credit Director at Lloyds TSB and Chief Credit Officer at Abbey National. Prior to this he spent 18 years in the NatWest Group culminating in the role of Managing Director, Credit Risk at NatWest Markets. A qualified Chartered Accountant, Graham is on the finance committee of the British Library and was involved in housing associations for nearly 30 years as Treasurer and Board member in the North of England and in London.
Nathan Moss
Non-Executive Director
Nathan joined OneSavings Bank in 2014. He was Group Strategy Director at Friends Life from 2010 to 2013 and responsible for group strategy, business development and innovation. A business development and marketing specialist Nathan joined Scottish Widows in 2002 as Managing Director, Marketing & Distribution before becoming Managing Director of Wealth Management at Lloyds TSB Group in 2007, responsible for strategy and business performance. Prior to this he spent 18 years with HSBC Group including 4 years as General Manager, Personal Financial Services and culminating as COO of Merrill Lynch HSBC, being responsible for the creation and launch of the global joint venture. Nathan has a degree in Industrial Economics from Nottingham University, and an MBA (Distinction) from Manchester Business School and is currently a Non- Executive Director of Homeserve Membership Ltd.