View more on these topics

CurriculumVitae: Andy Coles

“Reviewing yourself on video for the first time is never pretty”

Name: Andy Coles
Age: 43
Company: Link Lending
Job title: Risk director

Where do you live?
The Buckinghamshire and Oxfordshire border

What were your first and last jobs?
I’ve always worked in financial services and started my working life as a cashier in a high street bank. My last job was head of sales at HSBC-owned secured loan provider Endeavour Personal Finance.

What have you done in between?
I spent 14 years in underwriting and sales with Lloyd Bowmaker’s direct-to-broker operation, Cedar Holdings.

I left that firm in 2000 and established London Personal Loans, the consumer finance division of London Mortgage Company, with Robert Owen. This was sold to Lehman Brothers in May 2006. I briefly continued as manager until the business was integrated.

How does your career to date compare with your aspirations when you were younger?
When I was 12 I wanted to join the Royal Air Force and train as a pilot. But I’ve had a great career in the lending industry, working with great colleagues.

What has been the defining point of your career and why?
The sale of LPL in 2006. It was great to see the value of something I helped to create being recognised.

And the most embarrassing?
Media training – reviewing yourself on video for the first time is never pretty.

What work ambition would you like to achieve by retirement?
In my mid-20s I’d spend time with friends pondering what we would do when we retired. Now as I approach my mid-40s, nothing could be further from my mind.

How many mortgage payments do you have left?
Far too many.

What’s your Favourite holiday destination?
Has to be Italy – where else would you see the police driving Lamborginis?

What would you take to a desert island and why?
I’d take my partner Helen, but if you mean an object it would have to be a wind-up radio.

Who is your secret celebrity crush?
Dallas’ Victoria Principal runs a close second to Agnetha Faltskog, the blonde one from Abba

What’s your mobile ringtone?
It’s a standard BlackBerry one.

What’s the most expensive gadget you’ve ever bought?
Watches. You can always kid yourself they’re an investment.

What’s the craziest hobby you’ve ever attempted?
Scuba diving. When you’re claustrophobic it’s a bit of an experience. Oddly enough diving at sea was fine, but training in a pool with about 10 other people is not something I’ll be queuing up to repeat.

Recommended

John Malone to stay at PMS

John Malone, managing director at Premier Mortgage Service has committed to staying with the firm for at least another 18 months. Malone was expected to become chairman of PMS and a search has been underway for his successor.But Bankhall says that it will not be looking for a replacement anytime soon.Rumours had been circulating the […]

Friends Provident’s profits nosedive by 97%

Ailing insurer Friends Provident has revealed pre-tax profits of £16m for 2007 – a whopping 97% reduction compared with 2006’s figures.Profits declined from £509m in 2006, calculated on a European Embedded Value basis.Under the EEV method, insurance firms’ value is calculated according to indicators such as investment performance because of the long-term nature of insurance […]

Money Partners mulls redundancies

Money Partners staff are at risk of redundancy as the lender strives to realign the business with the current market conditions.

BUY-TO-LET SUMMIT 2008: Optimistic outlook for B2L

Mortgage Strategy’s Buy-to-let Summit has kicked off this morning with statistics revealing positive prospects for the sector.Speaking at the Four Seasons Hotel in Fleet, Hampshire, Michael Ball, professor of urban and property economics at Reading University, outlined a raft of figures and reports that give cause for optimism for buy-to-let landlords and lenders.He says: “The […]

Thumbnail

Trust me, I’m a provider

By Craig Paterson, Underwriting and Claims Philosophy Manager, Royal London Hard-hitting headlines “Dying mother of two is refused life insurance payout.”1 “What a way to treat a dying man: Grandfather refused life insurance claim.”2 “A widow betrayed by a life insurance company.”3 With headlines like these, it’s no wonder some consumers don’t trust providers. Trust […]

Newsletter

News and expert analysis straight to your inbox

Sign up