Consumer finance technology company Kreditech has appointed two independent board members to further strengthen its advisory board.
Michael Lenora has joined as independent chairman and Andy Golding as independent board member.
Lenora brings more than 30 years of experience within the consumer financial services industry which includes a wealth of expertise in both consumer lending and credit cards.
Lenora previously served as managing director of Vanquis Bank – a consumer finance company of Provident Financial Group – from 2007 until 2016. Prior to this, he worked in senior management positions at Barclaycard International and Associates First Capital Corporation (Citi).
Alongside his professional career, Lenora founded a charity called Hatua to support schooling and education in Africa, for which he frequently spends time in Kenya and Uganda.
Golding, currently CEO of OneSavings Bank in the UK, has worked in the consumer financial services industry for over 30 years. He has held senior positions at NatWest, John Charcol and Bradford & Bingley. Prior to joining OneSavings Bank, he was the CEO of Saffron Building Society. He holds a number of positions with industry associations and is a director of the Building Societies Trust.
Alexander Graubner-Müller, CEO and founder of Kreditech, says: “Having Michael and Andy on our advisory board is a great strategic and personal fit for Kreditech. We are very excited to benefit from their expertise to build market-leading consumer finance businesses, that will help to grow our business with the ultimate goal to succeed in bringing financial freedom to the underbanked.”
Lenora and Golding join the existing advisory board consisting of additional four members: Peter Yordan from J.C. Flowers, Elena Lieskovska from Värde Partners, David Blumberg from Blumberg Capital and Manfred Krikke from HPE Growth Capital.