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  • The leadership team

    The Paragon Group of Companies benefits from a team of highly experienced Executive and Board members.

Robert G Dench Chairman

Bob joined the Group as a non-executive director in 2004 and became Chairman in 2007. During an extended career with Barclays he held a number of senior positions in the UK and overseas, leaving in 2004.

Bob is a non-executive director of AXA UK PLC and Chairman of AXA Ireland Limited and other AXA Group companies.

He is Chairman of the Nomination Committee and a member of the Risk and Compliance and Remuneration Commitees.

Nigel S TerringtonChief Executive

Nigel is Chief Executive of The Paragon Group of Companies. Nigel’s early career began in investment banking, which included working for UBS. He joined Paragon in 1987 as Treasurer, before being appointed as Finance Director in 1992 and then Chief Executive in 1995. He has been Chairman of the Council of Mortgage Lenders ('CML'), Chairman of the Intermediary Mortgage Lenders Association (‘IMLA’), Chairman of the Finance and Leasing Association ('FLA') Consumer Finance Division and a Board member of the FLA. Nigel is an associate of the Chartered Institute of Bankers.

Nigel is currently a member of HM Treasury’s Home Finance Forum, the Bank of England’s Residential Property Forum and the Chairman’s and Executive Committees of the CML.

Nigel is a member of the Nomination Committee.

Richard J WoodmanGroup Finance Director

Richard was appointed to the Board as Director of Corporate Development in 2012 and became Group Finance Director in June 2014. He joined the Group in 1989 and has held various senior strategic and financial roles, including Director of Business Analysis and Planning and Managing Director of Idem Capital. Richard has taken a lead role in the Group’s strategic development and, in particular, in the loan portfolio acquisition programme through Idem Capital. He is a member of the Chartered Institute of Management Accountants.

John A HeronManaging Director of Mortgages

John was appointed to the Board in 2003. He joined the Group in January 1986 following a number of years in the building society industry and is the Group’s longest serving employee. He played a pivotal role in re-establishing the Group’s mortgage lending operations in 1994 as Managing Director of Paragon Mortgages and, in particular, the development of the Group’s buy-to-let lending programme. He is a fellow of the Chartered Institute of Bankers.

John is Chairman of the CML buy-to-let panel and a member of the IMLA board.

Alan K Fletcher

Alan was appointed as a non-executive director in 2009. He has considerable experience in financial services, including pension fund trusteeship and investment fund management. He was Chairman of Neville James Holdings prior to its acquisition by Challenger International of Australia, following which he was Sales and Marketing Director of Challenger Group Services and a director of Challenger Life (UK) between 2002 and 2003. Alan was Chairman of the professional training company, Fresh Professional Development, between 2003 and 2010 and was a member of the General Synod of the Church of England between 2007 and 2010. He has also served as Director and Trustee of Paragon Pension Trustees Limited since 2010.

Alan has been a Trustee of the Church of England Pensions Board since 2009, a member of its Pensions Committee, Chairman of its Investment Committee and a member of its Ethical Investment Advisory Group. He is Chairman of the Diocese of Leicester Investment Committee and a member of the Finance Committee of Leicester Cathedral. Alan has also been a Director of CEPB Mortgages Limited since February 2010.

Alan is Chairman of the Remuneration Committee and a member of the Audit, Risk and Compliance and Nomination Committees.

Peter J N Hartill

Peter was appointed as a non-executive director in 2011. He spent forty years with Deloitte, becoming a senior audit partner and a business advisor with experience across a wide range of industries and business issues. Specifically, Peter has considerable experience in acquisitions and disposals, capital raising, risk control and corporate governance in the financial services sector.

Peter is Chairman of Deeley Group Limited and a non-executive director of A&J Mucklow Group PLC and Scott Bader Limited.

Peter is a Chartered Accountant and has been Chairman of the Audit Committee since 2011, meeting the requirement for an appropriately qualified person to fill that role. He is also a member of the Risk and Compliance, Remuneration and Nomination Committees.

Fiona J Clutterbuck

Fiona was appointed as a non-executive director in 2012. She has many years of corporate finance experience at leading UK and international investment banks, specialising in financial institutions. During her career, Fiona has held the positions of Managing Director and Head of Financial Institutions Advisory at ABN AMRO Investment Bank, Managing Director and Global Co-Head of Financial Institutions Group at HSBC Investment Bank and was a Director at Hill Samuel Bank Limited.

She is Head of Strategy, Corporate Development and Communications at Phoenix Group and senior independent director of WS Atkins PLC.

Fiona is the Senior independent non-executive director for the Group. She is Chairman of the Risk and Compliance Committee and a member of the Audit Committee, Renumeration and Nomination Commitees.

Hugo R Tudor

Hugo was appointed as a non-executive director in 2014. He spent 26 years in the fund management industry, originally with Schroders and most recently with BlackRock, covering a wide range of UK equities. He is a Chartered Financial Analyst and a Chartered Accountant and brings an investor perspective to the Board.

Hugo is a Director of Damus Capital Limited.

He is a member of the Audit, Risk and Compliance, Remuneration and Nomination Committees.

Nigel S TerringtonChief Executive

Nigel is Chief Executive of The Paragon Group of Companies. Nigel began his career in investment banking, working for UBS. He joined the Group in 1987 as Treasurer, before being appointed as Finance Director in 1990 and then Chief Executive in 1995.

He has been Chairman of the CML, Chairman of the Intermediary Mortgage Lenders Association ('IMLA'), Chairman of the 'FLA' Consumer Finance Division and a Board member of the FLA. He is an associate of the Chartered Institute of Bankers. Nigel is a member of HM Treasury’s Home Finance Forum, the Bank of England’s Residential Property Forum and the Chairman’s Executive Committees of the CML.

Richard J WoodmanGroup Finance Director

Richard was initially appointed to the Board as Director of Corporate Development in 2012, before being appointed Group Finance Director in June 2014. Richard joined the Group in 1989 and has held various senior strategic and financial roles, including Director of Business Analysis and Planning and Managing Director of Idem Capital. He has taken a lead role in the Group’s strategic development and, in particular, in the loan portfolio acquisition programme through Idem Capital. Richard is a member of the Chartered Institute of Management Accountants.

John A HeronManaging Director of Mortgages

Managing Director of Paragon Mortgages John joined the Group in January 1986 and is the Group’s longest serving employee. He played a pivotal role in re-establishing the Group’s mortgage lending operations in 1994 as Managing Director of Paragon Mortgages and joined the Board in 2003. John is responsible for the Group's first mortgage business. He is a fellow of the Chartered Institute of Bankers.

John is Chairman of the CML buy-to-let panel and a board member of IMLA.

Dave NewcombeManaging Director of Idem Capital

Dave Newcombe was appointed as Managing Director of Idem Capital in 2014 and is responsible for the Group’s investment in consumer debt acquisition and the relationship with our co-investors. He joined the Group in 1988 as a Collection Officer and then worked across the business in various other roles before taking the role of Director of Consumer Operations in 2008, building and shaping the operation to support the regulatory demands and the demands of the Group’s Idem business

Richard DoeManaging Director of Paragon Bank

Richard Doe is Managing Director of Paragon Bank. Until 2013, Richard was CEO of ING Direct UK, having previously been Marketing & Strategy Director. Prior to working at ING, Richard held a number of senior marketing positions in the financial services industry including at The Woolwich and Legal & General. Richard is a Chartered Banker.

Pam RowlandChief Operating Officer

Pam Rowland joined the Group in 2014 as Chief Operating Officer with three key areas of responsibility: delivering high quality operational and technology services, implementing strategy and driving change and transformation. Prior to joining the Group, Pam worked in a variety of financial services executive level roles. These included Managing Director of Change Delivery at Barclays Retail Bank and prior to that Chief Operating Officer at ING Direct. Pam is a Chartered Banker.

Peter ShorthouseDirector of Treasury and Structured Finance

Peter Shorthouse joined Paragon in 2010 as Director of Treasury and Structured Finance. His responsibilities include the development and implementation the Group’s funding and securitisation strategy and management of its cash and liquidity requirements. Prior to joining Paragon, Peter was with UBS for 16 years, where he was a Managing Director and Head of Securitisation. Peter has an MBA from London Business School and a BEng degree in Mechanical Engineering.

Deborah BatemanDirector of External Relations

Deborah Bateman joined Paragon in 1991. She is responsible for the Group's marketing and design, public relations, investor relations, internal communications and public affairs, leading both the Group’s external and internal communications strategies.

Anne BarnettDirector of Human Resources

Anne Barnett is the Group’s Director of Human Resources responsible for managing the business’ people strategy including: resourcing and organisational design, pay and benefits, reward, learning and management development, succession planning, performance management and employee engagement. Anne previously worked at HBOS and Allianz. Anne is Chartered MCIPD qualified.

Malcolm HayesGroup Chief Risk Officer

Malcolm Hayes joined Paragon Bank in January 2014 as Chief Risk Officer before moving to become Group Chief Risk Officer in June 2015. He began his career in retail banking in 1979 with NatWest before moving to TSB in 1988 to join the bank’s head office credit sanctioning function. Joining TSB led to a 26 year career in Lloyds Banking Group's Commercial Banking division where he held senior risk positions including Head of Credit Audit, Head of Compliance, Control Function Director, and Operational Risk and Compliance Director.