ThinCats appoints Aldermore Bank IT head as new CTO
Billy Ferguson previously worked at Aldermore Bank where he held for role of head of IT.
ThinCats has appointed Aldermore Bank’s head of IT Billy Ferguson as its new chief technology officer.
Ferguson, who has already started at ThinCats, previously worked at Aldermore Bank for six years, where he held several roles including head of architecture, and latterly head of IT.
He has also worked at Allianz Insurance, where his last role was head of architecture and emerging technologies, and Prudential, where he held the title of programme manager.
In his role at ThinCats, Ferguson will head up its technology department.
According to LinkedIn, Steve O’Neil held the role of CTO at ThinCats until August last year.
Ferguson said: “Providing the necessary technology infrastructure is a key element of our strategy to deliver increased volumes of funding to mid-sized SMEs over the next few years.
“Our continuing investment in technology will ensure we deliver market leading levels of service to our clients.”
“Billy and his team have a pivotal role to play in the future growth of ThinCats and how we service our clients.”
The alternative lender says it lent a record £318m to SMEs last year, a nine per cent uplift on the previous year.
ThinCats, which provides leading of between £1m and £15m to SMEs, said the record lending was provided to existing and new borrowers.