Our team

We are fortunate to have a dynamic executive team with deep experience gained in a range of financial services companies and leading firms in other industries.

The Bank is led by a respected and dynamic executive team with deep experience gained in both financial services and other sectors.

Steven Cooper - CEO of Aldermore Group

Previously, Steven has been CEO at C. Hoare & Co, the UK’s oldest privately-owned bank, for two years where he has developed and led an extensive programme of change. 

Prior to this, he spent 30 years at Barclays, starting as a branch cashier and working his way up to lead several of their major businesses, including Barclaycard Business Solutions, Personal Banking for UK & Europe, and Business Banking in the UK. He has extensive hands-on experience, from the front line to top management, in retail and business banking, payments, digital, data and technology.

Most of his career has been in UK Banking, but he has had significant experience across Europe and the US and also spent four years working and living across Africa and India. 

Steven sits on several advisory boards, and is the Joint Chair of the Social Mobility Commission (a non-departmental public body sponsored by the Cabinet Office) promoting and monitoring progress towards improving social mobility in the UK. He is also Chairman of Experian UK and a Non-Executive Director of the global recruitment company Robert Walters PLC.

Tim Boag - Group Managing Director – Business Finance

Tim has had an extensive career including a number of roles throughout Corporate and Commercial Banking, Finance and Risk within RBS/NatWest.  He has led coverage and financing businesses, delivering to customers across a wide range of industry sectors. Tim was previously on the management Board of RBS’s Asset Finance Division and a director of the Business Growth Fund, a company set up to make equity investments in SMEs. He has also been a member of the CBI London Council and Chartered Banker Professional Standards Board.

Claire Cordell - Chief Financial Officer

Claire is a Chartered Accountant and holds a Masters in Finance from London Business School. She has 25 years of financial services experience and previously held senior finance roles at RSA Insurance Group. Claire joined Aldermore in March 2014 as the Director of Investor Relations, supporting the Bank through its IPO and became Group Financial Controller in April 2016. In January 2018, Claire was appointed Director of Finance, taking on leadership responsibility for the wider finance team in the Bank, and was appointed Chief Financial Officer in 2020.


Andrew Lewis - Chief Risk Officer

Andrew joined Aldermore in 2020 as Chief Risk Officer following 25 years in financial services. He joined from Bain & Co where he was a global expert partner in their financial services and simple & digital practices. Prior to Bain & Co he worked for 23 years at NatWest Group where he held a number of senior business and risk roles. He was part of the Commercial & Private Banking ExCo from 2014-2019, the Risk ExCo 2010-2014, as CAO Restructuring & Risk and Head of Enterprise Risk. Before that he spent seven years in capital markets as a director in their financial institutions group and seven years in group risk management. He holds a degree in Mathematics & Management from Kings College and is a Fellow of the ACCA.


Damian Thompson - Group Managing Director - Retail Finance

Damian has worked in financial services for 29 years, starting his career at HBOS and has held a variety of roles across products and distribution. Damian joined  Aldermore from Newcastle Building Society where he was Customer Director and an Executive Director with responsibility for Operations, Marketing, Mortgages, Savings and Financial Services. He  previously held the Director of Distribution role at Principality Building Society where he was responsible for the Retail Network, Intermediary Sales, Telephony and Digital Distribution.  At Principality, Damian led on the development of the Society’s agency acquisition programme that transformed their distribution across local communities and implemented a Society wide customer interaction programme that transformed the Society’s NPS performance aligned to strong business performance.

Nick Ulycz - Chief People Officer *

Before joining Aldermore in 2022, Nick was most recently the Chief Operating Officer at Domestic & General (D&G), with responsibility for leading Operations, HR and Communications. He joined D&G in December 2016 as Group HR Director, taking on wider responsibility for Operations in August 2018. Prior to joining the business, he spent eight years at HSBC, most latterly in the role of Head of HR for HSBC, UK.

Nick is a Fellow of the Chartered Institute of Personnel and Development and holds a BA (Hons) degree in Personnel Management from the University of Greenwich.

*subject to regulatory approval

Paula Walter - Chief Technology and Information Officer *

Paula joined Aldermore in 2022 as Chief Technology and Information Officer with over 20 years' experience working in technology within Financial Services firms. Prior roles include Chief Operating Officer at Ruffer LLP and Chief Technology Officer at Newton Investment Management. She began her career in the technology division of Goldman Sachs, supporting the equities and investment management divisions. An alumna of the Universities of Cape Town and Oxford, she holds honours degrees in mathematics and linguistics and a DPhil in linguistics.

*subject to regulatory approval

Karl Werner – Managing Director – MotoNovo *

Karl has worked within the Motor Finance industry for the last 24 years, firstly with Lombard/First National (now Santander) before joining Carlyle Finance/MotoNovo Finance in 2003.

During his tenure Karl has progressed through the organisation to hold positions including Regional Manager, Head of Sales & Marketing, Divisional CEO, Deputy CEO and most recently Managing Director of Motor within the Aldermore Group.

During his time within MotoNovo the business has grown considerably to become one of the largest financiers of new and used cars, commercial vehicles and motorbikes in the UK.

*subject to regulatory approval