Peer to peer lending platform Zopa has announced a strategic hire with the appointment of Jaidev Janardana who is now the company’s Chief Operating Officer (COO). Jaidev was previously the Chief Marketing Officer for Capital One UK.
During Jaideve’s tenure at Capital One he was involved with the credit card division managing product strategy, credit risk management, risk operations and business development.
Jaidev was quoted on his new executive role stating;
“I am delighted to join Zopa, a true pioneer and innovator in its field. I believe that peer-to-peer lending offers a huge opportunity to impact consumers’ lives positively. Zopa is leading by example, with great value products and award winning customer service. I hope to use my experience and skills to drive rapid growth for Zopa, making it accessible to an ever growing number of customers and make Zopa a household name.”
“We are hugely excited to welcome Jaidev to Zopa as our new COO and bring a new, highly talented executive to lead our very able team. Jaidev brings an impressive business track-record driving growth, highly-regarded strategic thinking and execution excellence, as well as new risk and marketing skills to Zopa.” said Giles Andrews, CEO and co-founder of Zopa, “His arrival is yet another major building block in our drive to continue and accelerate Zopa’s growth in changing the landscape of consumer financial products.”
Zopa is a leading peer to peer lender in the United Kingdom having facilitated over £633 million (over $1 billion USD) in loans. Peer lending platforms have experienced rapid growth in the UK as they are fast becoming a recognized and compelling alternative to traditional banks. The P2P industry in the UK recently hurdled £2 billion in loans.