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TODAY'S OTHER NEWS

Challenger portal adds banking heavyweights to its board

A former chairman of challenger bank Monzo has joined OneDome’s board.

Tim Brooke Thom has been appointed as non-executive director of the challenger portal.

From 2015 to 2019, Brooke Thom was chairman and a board director of Monzo Bank and saw it grow from a startup to one of the most prominent names in UK fintech, valued at more than £4.5bn. 

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It follows the appointment of former general manager of Cheltenham & Glouvester Michael Yeates to the OneDome board earlier this year.

He helped grow C&G from the 16th largest building society into one of the UK’s largest lenders, the most cost-efficient financial services company in Europe and the 27th most profitable organisation in the world across all industries,according to Gartner.

Yeates has also been on the boards of HSBC, RBS, Barclays, NatWest, Nationwide, Abbey, Alliance & Leicester, The John Lewis Partnership and Next plc. 

Sir Nigel Knowles, chairman of OneDome, said: ‘I am delighted to welcome Tim and Michael to our board.

“They have extensive knowledge of the financial services industry, start-ups and scale ups and they will add huge value to the team, our clients and shareholders. 

“OneDome is focused on changing the way consumers purchase properties for good, by fixing one of the most archaic and frustrating processes in our day-to-day lives and I am confident that with Tim and Michael onboard, the firm will go from strength to strength in achieving its goals.”

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