UK peer to peer lender Assetz Capital announced on Tuesday it has appointed Rob Pailin as its Chief Commercial Officer and member of the board of directors. Pailin reportedly joins Assetz Capital from RBS Corporate, where he was managing director of the bank’s corporate business in the North.
Pailin was also COO for RBS Corporate EU Divestment team and was responsible for a wide range of functions including business risk & controls, change management, customer insight, regulatory reporting and management information & analytics. The lender also revealed that Pailin has recently been preparing for RBS’s re-brand to Williams & Glyn ahead of its planned IPO.
Pailin will be working closely with chief executive Stuart Law to help achieve the company’s fast track growth plan. He will also oversee the development of regional offices, of which there are currently three with plans to extend to 10 in 2017.
Law added:
“Rob Pailin’s track record in driving the RBS Corporate business was a real attraction to us as a high growth business operating in a highly dynamic and competitive market. His knowledge of small and medium sized businesses is second to none, and has an exemplary reputation in building relationships between financial institutions and commercial borrowers.”
Founded in 2013, Assetz Capital is currently the fifth largest P2P platform in Europe. It is one of only four Defaqto “5 Star” rated P2P platforms, and also recently announced that its investors have earned more than £15m in just over three years. The lender has facilitated the investment of more than £180 million into credit-worthy UK businesses since its launch.
