The peer-to-peer lender has appointed former Virgin Management CEO Gordon McCallum as its new non-executive chairman.
Zopa’s co-founder Giles Andrew is to step down as chairman after 15 years at Britain’s oldest peer-to-peer lender. The firm has tapped Virgin Management’s former boss Gordon McCallum to be its new non-executive chairman. Mr Andrew co-founded the Zopa in 2004 with co-workers from internet bank Egg and became chairman in 2015. Zopa said Mr Andrew will step back from his chairman role but will remain on the board and will be “closely involved with the strategic direction and leadership of the business”. Mr Andrews said: “Having helped Zopa grow into a profitable, sustainable, and successful business, the time is right to pass on the baton to an independent chair.”