Paragon Banking Group Plc
PAG:LN
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Company Profile
Paragon, owned by a wide range of institutional shareholders, is a provider of consumer finance, such as personal loans, retail finance, vehicle finance and niche "buy-to-let" mortgage products.
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Corporate
Board of Directors
Robert G Dench
Chairman
Bob joined the Group as a non-executive director in September 2004 and was appointed Chairman in February 2007. During an extended career with Barclays he held a number of senior positions in the UK and overseas before leaving in 2004. He is also a non-executive director of AXA UK plc and Chairman of AXA Ireland Limited.
Nigel S Terrington
Chief executive
Nigel Terrington is Chief Executive of The Paragon Group of Companies. He joined the Group in 1987 and became Chief Executive in 1995, having previously held the positions of Treasurer and Finance Director. Prior to joining the Group, Nigel worked in investment banking. He is currently a member of HM Treasury’s Home Finance Forum, the Bank of England\'s residential Property Forum and the Chairman’s Committee and the Executive Committee of the Council of Mortgage Lenders (CML). He has previously held the positions of Chairman of the CML, Chairman of the Intermediary Mortgage Lenders Association, Chairman of the Finance & Leasing Association (FLA) Consumer Finance Division and Board member of the FLA. He is an Associate of the Chartered Institute of Bankers.
Group Finance Director
Group Finance Director
Richard was initially appointed to the Board as Director of Corporate Development in 2012, before being appointed Group Finance Director in June 2014. Richard joined the Group in 1989 and has held various senior strategic and financial roles, latterly as Director of Business Analysis and Planning and Managing Director of Idem Capital. Richard has taken a lead role in the Group’s strategic development and, in particular, in the portfolio acquisition programme through Idem Capital. He is a member of the Chartered Institute of Management Accountants.
ohn A Heron
Director of Mortgages
John joined the Group in January 1986. He was appointed Marketing Director in 1990 and in 1994 played a pivotal role in re-establishing the Group’s mortgage lending operations as Managing Director of Paragon Mortgages. He joined the Board in 2003 and is responsible for the Group’s first mortgage business. He is a Fellow of the Chartered Institute of Bankers, Chair of the Council of Mortgage Lender’s buy-to-let panel and a member of the Intermediary Mortgage Lenders Association board.
Alan K Fletcher
Non-executive directors
Alan was appointed as a non-executive director on 25 February 2009. He has considerable experience in financial services, including pension fund trusteeship and investment fund management. He was Chairman of Neville James Holdings prior to its acquisition by Challenger International of Australia, following which he was Sales and Marketing Director of Challenger Group Services and a director of Challenger Life (UK) from 2002 to 2003. He was Chairman of the professional training company, Fresh Professional Development from 2003 to 2010. He was a member of the General Synod of the Church of England between 2007 and 2010. He has been a member of the Church of England Pensions Board since 2009 and is also a member of its Investment Committee and Chairman of the Housing Committee. He is Chairman of the Paragon Remuneration Committee.
Peter J N Hartill
Non-Executive Director
Peter was appointed as a non-executive director on 11 February 2011. A Chartered Accountant, he is currently Chairman of Deeley Group Limited and non-executive director of Scott Bader Limited. Previously, he spent 40 years with Deloitte, becoming a Senior Audit Partner and a business advisor with experience across a wide range of industries and business issues. Specifically he has considerable experience in acquisitions and disposals, capital raising, risk control and corporate governance in the financial services sector. He is Chairman of Paragon’s Audit Committee.
Fiona J Clutterbuck
Non-Executive Director
Fiona was appointed as a non-executive director in 2012. She is currently the Head of Strategy, Corporate Development and Communications at the Phoenix Group and is also a non-executive director of WS Atkins plc. Fiona brings to the Board a substantial level of corporate finance experience, having previously held the position of Managing Director and Head of Financial Institutions Advisory at ABN AMRO Investment Bank, Managing Director and Global Co-Head of Financial Institutions Group at HSBC Investment Bank and Director at Hill Samuel Bank Limited. Fiona is the Group\'s Senior Independent Director and Chairman of Paragon’s Risk and Compliance Committee.
Hugo R Tudor
Non-Executive Director
Hugo Tudor was appointed as a non-executive director on 24 November 2014. He spent 26 years in the fund management industry, originally with Schroders and most recently with BlackRock, covering a wide range of UK equities. He is a Chartered Financial Analyst and a Chartered Accountant and brings an investor perspective to the Board.