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Whatever you call Zopa, please don't call us a bank. Because we're not one. We don't hold or make money from the funds lenders transfer into Zopa. And we don't make huge amounts of money from each of our members. Zopa is a marketplace, where people can come together and lend to and borrow from each other. In sweet harmony.
Board structure
Chairman
Phillip J. Riese
Phillip spent 18 years as President of American Express Consumer Cards Services Group, where he successfully relaunched the consumer lending business, as well as developing the co-branded card business. Before American Express, Phillip served as division executive of Chase Manhattan Bank's Visa and MasterCard businesses.
Non-executive Directors
Rob Stavis (from Bessemer Venture Partners)
Rob was an independent private equity investor before joining Bessemer in 2000. His areas of expertise are financial services and emerging software technologies, and he sits on the board of Gerson Lehrman Group, Soleil Securities, Portrait Software, Revver, Pure Networks and Quadriserv, as well as Zopa. Rob's a big food and wine connoisseur and has invested in five successful New York restaurants.
James Alexander
James was previously Strategy Director at Egg, and saw the company through its highly successful period of growth and move into profitability into the UK. He went on to co-found Zopa in 2005. James is a Trustee of Green Thing, a not-for-profit environmental website that mobilises people to act against climate change. He is also a big twitcher, and in 1990, during a trip to Africa, he helped re-discover 3 species of birds that had been thought to be extinct.
Doug Dolton
Former CEO of Zopa, now non-executive board member, runs a financial services consulting firm. As CEO of Zopa, he led the initiatives that resulted in the unprecedented growth in volumes and higher lender returns. Previously, he led and successfully sold two multi-billion dollar consumer loan companies in the US, and has significant experience in a range of management positions at various types of financial institutions.
Executive Director
Giles Andrews (CEO)
Spent the first ten years of his career in the motor industry pursuing his interest in all things automotive. This included co-founding Caverdale in 1992, a start-up taken to a £250m turnover motor retailer and renamed Godfrey Davis Motor Group. He then set up his own consultancy business whose clients included Tesco and Tesco Personal Finance. Giles co-founded Zopa in 2005, led 4 fundraisings as CFO and then led the UK business as MD before taking over as CEO in 2009.