Starling Bank appoints chief asset management officer

Starling Bank has appointed Damian Thompson as chief asset management officer as the challenger steps its acquisition and management of loan assets.

Thompson joins Starling Bank following a 19-year career at NatWest, where he most recently led the Banking Group’s UK Financial Institution client business as head of UK FI origination and solutions.

His previous team helped banks and non-bank lenders with funding, risk management and capital markets issuance, and specialised in helping clients buy, sell and finance portfolios of loans.

Commenting on his move to Starling Bank, Thompson said: “This role is centred on the need of the bank to grow its asset base in line with its deposit growth, recognising that some of those assets will be originated by Starling and some will be originated externally by third parties.”

He added: “It’s about making that work well, in a safe and secure way that generates returns.”

    Share Story:

Recent Stories

The Future of Intelligent Finance
FStech Group Editor Mark Evans sits down with Jason Cao, President of Global Financial Services Business Unit, Enterprise BG at Huawei ahead of its Intelligent Finance Summit which was held on 3rd and 4th of June in Shanghai. This Q&A delves into key trends in digital transformation of the financial services industry as well as a look at how data, robotic infrastructure, intelligent storage and innovative technologies are shaping the future for FSIs.

The Rise of Instant Payments
Instant payments are creating new business opportunities for banks by providing more touchpoints than ever. With these evolutions underway, Featurespace brought leading industry experts together to discuss how they are protecting customers from fraudsters in real time, utilizing innovative and disruptive solutions to reduce fraud. Click here to find out more.

Offloading Cyber Risk in the Cloud
As cyber attacks and data breaches are in the news on an increasingly regular basis - with regulatory penalties and customer trust on the line for financial services firms - it has never been more crucial to be compliant in the cloud.

This video, with Akamai’s EMEA director of security technology and strategy Richard Meeus, will help explain what your company can be doing to make sure it’s not embroiled in the next big fine or front-page scandal.