Zopa Bank adds Deutsche Bank HR chief to board to bolster IPO experience

Pippa Lambert, the former head of HR for Deutsche Bank, has joined Zopa Bank as a non-executive director.

Lambert, who oversaw 80,000 employees at Deutsche Bank, will Chair Zopa's remuneration committee. She currently serves on the board of Aviva PLC and on the UK government’s Review Body on Senior Salaries.

Prior to Deutsche Bank was Group Head of Reward at RBS where she restructured the bank’s compensation and benefits offering.

The move by Zopa Bank is the first in a series of senior appointments, AltFi understands, aimed to boost the company’s internal IPO and public market experience.

Zopa, founded in 2005 as the world’s first peer-to-peer lender, the company has attracted £3.5bn in customer deposits, added £2bn of loans to its balance sheet, and issued over 400,000 credit cards since it landed its bank license in December 2020. Revenues are currently growing 40 per cent year on year.

“I am delighted to be joining Zopa at an inflection point of its impressive growth journey. Zopa’s culture of community, collaboration and inclusion make it an exciting and inspiring place to be. I look forward to building on Zopa’s unique strengths as it enters its next phase of growth,” said Lambert. 

Pippa Lambert currently serves on the Board of Aviva and is a member of the UK government’s Senior Salaries Review Board.