Digital bank Zopa has announced the appointment of Pippa Lambert to its Board, pending regulatory approval.
A senior leader “with 25 years of experience at high growth, listed companies, Pippa will Chair Zopa’s Remuneration Committee and oversee the bank’s people agenda including culture, rewards and recognition as it matures and enters its next phase of growth.”
Pippa currently “serves on the Board of Aviva PLC and is a member of the UK government’s Senior Salaries Review Board (SSRB).”
She was previously Global Head of Human Resources at Deutsche Bank, “overseeing HR strategy for its 80,000 employees.”
Prior to that she was Group Head of Reward at RBS where she “restructured the bank’s compensation and benefits offering.”
The appointment “follows last month’s call from the LSE Chief for higher UK executive pay to retain listings and an ambitious review into the UK’s listing rulebook to make London more attractive as a financial center.”
Pippa Lambert, Zopa Board member said:
“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.”
Jaidev Janardana, CEO at Zopa bank added:
“We are excited to welcome Pippa to the Board. At Zopa, we are building Britain’s best bank. We will only achieve it by making Zopa the most attractive, truly diverse and inclusive place to work, and by attracting and retaining the best and brightest people from across the industry.”
Launched in 2020, to date Zopa bank has “attracted £3.5 billion in deposits, more than £2 billion of loans on balance sheet, and issued over 400,000 credit cards.”
It continues “to grow its revenues by over 40% YoY.”
In February, Zopa bank “raised £75 million to spearhead a 2023 M&A push and completed the acquisition of BNPL provider DivideBuy.”
Launched in 2020, Zopa Bank is “the tech unicorn that raised over $500 million from the early investors of Uber, Slack, and Alibaba to build Britain’s best bank.”
Its P2P heritage “rooted in fintech brings 18 years of lending experience to its operations as well as £8 billion funds in personal loans approved.”
Zopa bank Limited is “authorized by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.”