Aldermore appoints Steven Cooper as new CEO

POSTED: 10th November 2020
IN: Newsroom

Aldermore Group is pleased to announce the appointment of Steven Cooper as Chief Executive Officer with effect from May 2021, subject to regulatory approval.

The appointment by the Board follows a comprehensive search for a successor to Phillip Monks OBE who earlier this year announced his decision to retire from Aldermore in 2021, after founding the Bank in 2009. 

Currently CEO of C.Hoare & Co., Steven brings more than three decades of international banking experience to the role including at Barclays where he was CEO of the Personal Banking Business across the UK and Europe and CEO of Barclaycard Business Solutions. 

Pat Butler, Aldermore Group Chairman, who led the search, said, “I am delighted that Steven has decided to join us at Aldermore. His pedigree speaks for itself and our Board is confident that he will build upon Phillip’s legacy and grow our business successfully, while embracing and strengthening our culture and values. With Steven’s leadership we will continue to champion those values, to pursue our purpose of backing people to fulfil life’s hopes and dreams, and to support our customers, colleagues and communities in these difficult times. We look forward to welcoming Steven to Aldermore and having a smooth handover from Phillip in the first half of 2021.”

Alan Pullinger, CEO of FirstRand Limited, the South African financial services group that acquired Aldermore in 2018, said on Steven’s appointment, “It is testament to the quality of the Aldermore franchise that the business has attracted a new CEO of the calibre of Steven. We are confident that his track record, across multiple banking disciplines, will ensure Aldermore continues to deliver for FirstRand shareholders.”

Steven Cooper commented, “Under the leadership of Phillip Monks, Aldermore has gone from a vision to a substantial business in just a short period of time. The Board and shareholders are committed to achieving a similar growth trajectory over the next few years, whilst maintaining the business purpose and its strong values. I am delighted to be leading this exciting new chapter in the evolution of Aldermore.”

*Ends*

Notes to Editors:

For additional biographical information about Steven Cooper, please contact the Aldermore Press Office.

For further information about Aldermore, please review our Notes to Editors page.                      

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