ASSETZ APPOINTS ROB PAILIN AS
CHIEF COMMERCIAL OFFICER
One of the UK’s fastest growing Peer to Peer platforms brings in the former
RBS Corporate Regional MD to drive growth plan
Assetz Capital, one of the UK’s fastest growing peer-to-peer finance platforms, today announced that it has appointed Rob Pailin as its Chief Commercial Officer and member of the board of directors.
Pailin joins from RBS Corporate, where was Managing Director of the bank’s corporate business in the North. As a senior executive at RBS for more than 10 years, Pailin was also Chief Operating Officer for RBS Corporate EU Divestment team, responsible for a wide range of functions including business risk & controls, change management, customer insight, regulatory reporting and management information & analytics. He has recently been preparing for RBS’s re-brand to Williams & Glyn ahead of its planned IPO.
Pailin’s wide-ranging role at Assetz Capital covers most aspects of the business, and will be working closely with Chief Executive Stuart Law to help achieve the company’s fast track growth plan. He will also oversee the development of regional offices, of which there are currently three with plans to extend to 10 in 2017.
Stuart Law, Chief Executive of Assetz Capital commented, “Rob Pailin’s track record in driving the RBS Corporate business was a real attraction to us as a high growth business operating in a highly dynamic and competitive market. His knowledge of small and medium sized businesses is second to none, and has an exemplary reputation in building relationships between financial institutions and commercial borrowers.”
Founded in 2013, Assetz Capital is now the fifth largest P2P platform in Europe, and one of the fastest growing. It is one of only four Defaqto “5 Star” rated P2P platforms, and also recently announced that its investors have earned more than £15m in just over three years.
Having facilitated the investment of more than £180 million into credit-worthy UK businesses since launch, Assetz Capital has become known for its secure investment model where every loan is backed with property, and/or other realisable security in order to minimise the risk for investors. As a result, the company has one of the lowest loss rates in the market.