NAVA FINANCE LIMITED APPOINTS CHIEF TECHNOLOGY OFFICER

London, 8th December, 2016: Nava Finance Limited, which is set to launch a new consumer lending platform in early 2017, has appointed Andrew Jones as its Chief Technology Officer.
Andrew has thirty years’ global financial services IT experience, primarily in the securities sales and trading operations of leading global investment banks, including Morgan Stanley, Deutsche Bank and Macquarie Group.
With a career’s worth of experience in senior change leadership, delivery and ongoing operational roles, Andrew’s expertise will be vital to Nava Finance Limited as it transitions from development and testing of its platform to full consumer launch. Beyond initial launch, Nava Finance Limited’s platform will continue to evolve to suit the needs of consumers.
Andrew began his career as a developer at Morgan Stanley in New York in 1985. Two years later he moved to London where, through a succession of IT roles, he ultimately managed the development and support of Morgan Stanley’s global foreign exchange sales and trading platform. In 1999 he relocated to Asia to become APAC IT Development Head before being promoted to Managing Director – IT in 2004.
In 2010 he joined Deutsche Bank as CTO of its APAC Equity Division and delivered the technology transformation that drove market share increases in all APAC markets. Following this, Andrew was appointed Global CTO at Macquarie Securities, which during his tenure won the “Asia Based Clients” category in “THE TRADE – Asia 2012 Electronic Trading Awards”, the first recognition of its type achieved by his employer.
Commenting on his appointment, Andrew Jones said: “Nava Finance Limited presents a fantastic opportunity to be part of an early-stage, high growth business which has the foundations in place to become a leading disruptor in the consumer credit market. The senior management has a vast amount of knowledge of the sector and I look forward to helping shape and grow the business in the years to come.”
Abhai Rajguru, co-founder and CFO of Nava Finance Limited, said: “We are delighted to have Andrew on board, he has a proven track record and his expertise will be invaluable as we seek to position Nava Finance Limited at the forefront of the consumer credit market.”
ENDS
About Nava Finance Limited
Nava Finance Limited is a next generation consumer lending platform built on deep analytics which is used for credit and other underwriting processes. Nava Finance Limited sources loan funding from institutional investors and manages the process of sourcing and underwriting borrowers.
The company’s credit expertise means that it is able to offer responsible lending to a broad range of borrowers, including those that may score well on affordability but have less than perfect credit histories. By offering only one product Nava Finance Limited customers are not cross-sold, up-sold or mis-sold any additional financial products or services.
Contact the Press Office
All enquiries from the media should be directed to Nava Finance Limited’s Press Office: nava@mrm-london.com
Chris Tuite                                 Tom Briffitt
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