Landbay has appointed Julian Cork as COO in an effort to spur on the growth of the platform.
Julian’s résumé includes stints serving as Managing Director and Head of Global Derivatives Services at JPMorgan and later as Global Head of Technology for the Corporate and Operations Groups of the Macquarie Group. Within the above roles Mr. Cork amassed over 20 years of experience working within the investment banking sector.
Landbay has set itself the ambitious goal of reaching £1bn in cumulative lending within the next 4 years. The platform sees Mr. Cork playing a vital role in implementing the necessary business strategy and operational structures for hitting that target. Mr. Cork will also play a pivotal role in developing Landbay’s ISA offering, readying the product for whenever the finalised mechanics of the P2P ISA are announced.
Less than a month ago Landbay appointed Robert Burgess – formerly of Alliance Trust, Lloyds TSB, Scottish Widows and Thomas Cook – to its board of directors. The platform is clearly gearing up for major expansion.
“Julian’s fantastic hands-on management experience in banking and technology will be incredibly useful as we put in place the operational structures we need to continue our growth. His deep understanding of wholesale financial services means that he is perfectly placed to help us to develop new strategic partnerships with institutional investors, who are increasingly attracted to Landbay’s innovative model.”
Mr. Cork himself also weighed in:
“Landbay’s rapid growth since launching last year is impressive and I look forward to helping steer the business through the next phase of its development. Landbay has a fantastic proposition and this is a really exciting time to be joining the team. The inclusion of P2P within ISAs will be a big opportunity for the sector as a whole, and Landbay is perfectly placed to benefit because of the way it mitigates risk for lenders.”
AltFi is returning to Amsterdam for its second annual Summit in the city. The inaugural event last year was a roaring success, with key figures from across Continental Europe's alternative finance and digital banking sectors highlighted. These included Jeroen Broekema, managing director of Funding Circle Netherlands, and Mieke van Engelen, head of innovative partnerships at ABN AMRO's standalone lending platform, New10.