The former chief executive officer of Egg.com, Paul Gratton has been appointed to the board of borro.com, the short term asset loan provider.
Gratton joins Sportingbet founder Mark Blandford who was appointed to the board in April 2010.
Gratton says: “I’m delighted to sit on the board of such a prospering company at an extremely exciting time in the company’s development. borro.com is a growing brand and the potential is huge for bringing new audiences and markets to the sector.”
He was a founder of thinktank First Direct and chief operating officer when Egg launched in 1998 and became Egg’s CEO on IPO in 2000.
Gratton is still highly involved with the Shepherd Direct Group, which he started 20 years ago.
The Group now accounts for around 8% of the residential surveying market in the UK and has one of the UK’s largest direct mortgage broking businesses.
Paul Aitken, chief executive officer of borro.com says: “We’re delighted that Paul Gratton is joining the board, his background in the financial services sector will prove invaluable to our business.
“Paul’s experience with companies who share a similar culture to us of focusing on innovation and high levels of customer service will also complement the company’s ethos.”