Aldermore Group Plc - Company Profile
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Aldermore Group Plc (Aldermore), a subsidiary of FirstRand International Limited, is a provider of banking, mortgages, and other financial solutions. Its portfolio of offerings comprises accounts and deposits such as personal savings, business savings, notice accounts, fixed rate, and easy access accounts. Aldermore provides various financing and mortgage solutions such as vehicle financing, invoice financing, asset financing, property development finance, re-mortgage, buy-to-let mortgages, and commercial mortgages. The group serves small and medium-sized enterprises (SMEs); and homeowners, landlords, vehicle owners, and savers through a network of regional offices across the UK. Aldermore is headquartered in Reading, the UK.
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Products and Services
Products | Services |
---|---|
Accounts and Deposits: | Financing Solutions: |
Personal Savings Account | Invoice Financing |
Business Savings Account | Asset Financing |
XYZ | XYZ |
XYZ | XYZ |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Others | In October, the company terminated its plans to acquire the Co-operative Bank. |
2023 | Divestiture | In June, the company sold its Working Capital Finance division to Bibby Financial Services. |
2020 | New Products/Services | In October, the group launched new flexible Invoice Finance solutions to simplify SME’s cash flow needs. |
Competitor Comparison
Key Parameters | Aldermore Group Plc | Just Group plc | OSB Group Plc | Paragon Banking Group PLC | Metro Bank Holdings PLC |
---|---|---|---|---|---|
Headquarters | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom |
City | Reading | Reigate | Chatham | Solihull | London |
State/Province | England | England | Kent | England | England |
No. of Employees | 2,124 | 1,124 | 2,169 | 1,522 | 4,040 |
Entity Type | Private | Public | Public | Public | Public |
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Pat Butler | Chairman | Executive Board | 2018 | 63 |
Steven Cooper | Chief Executive Officer; Director | Executive Board | 2021 | 53 |
Ralph Coates | Director; Chief Financial Officer | Executive Board | 2022 | 51 |
Nick Ulycz | Chief People Officer | Senior Management | 2022 | - |
Michelle Mott | Chief Risk Officer | Senior Management | 2024 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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