View more on these topics

Former Virgin Money MD appointed new head of borro

Online short term asset lender borro has appointed Claire Gates as its new managing director.

Having previously led the retailer and partnership section of GE Capital in Central & Eastern Europe, Gates was most recently managing director at Virgin Money, where she established Virgin Money Canada.

borro’s investors include Eden Ventures, European Founders, Kreos Capital, Augmentum Capital and Octopus Investments.

Paul Aitken, CEO and Founder of borro, says: “Claire brings a wealth of consumer finance leadership to the business.  Given our growth plans her international experience will also be used to the full.  We are thrilled to welcome Claire to the team.”

 

Recommended

Week in NUMBERS

£65,924 The average cost of a deposit for a first-time buyer in 2011, a 1,000% rise on 1990 when it was £6,793, says First Direct. 363 The number of pages in the Independent Commission on Banking’s final report by Sir John Vickers published last week . 77,000 The rise in number of jobless 18 to […]

SOPHIE HALL

Achieve goals with a management system

I had a stressful start to last weekend. Of course, I couldn’t write my column without referring to the England game against Argentina. By the time you read this we’ll have faced Romania and I’ll be nursing a sore throat from having shouted at the television. Watching something you care passionately about but have no […]

Newsletter

News and expert analysis straight to your inbox

Sign up