Paratus AMC appoints John van Kuffeler

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ParatusParatus AMC, which recently launched Foundation Home Loans (FHL), the Bracknell based Buy to Let lender, and acquired a majority stake in peer-to-peer lending platform Funding Empire, has announced the appointment of John van Kuffeler as non-executive Chairman.

John van Kuffeler was formerly Chief Executive and then Chairman of Provident Financial PLC for 23 years and also Chairman of Marlin Financial Group and Hyperion Insurance Group and has a proven track record of creating shareholder value.  Most recently, John launched Non-Standard Finance plc on the London Stock Exchange.

According to Paratus AMC’s Chief Executive Officer, Hans Geberbauer, Mr van Kuffeler’s career over the past twenty five years has demonstrated a talent for building successful businesses in the lending and financial services arena throughout the business cycles.

He said, “We are very fortunate to be able to appoint a man of John’s calibre and track record as our new Chairman.  The businesses he has built and led stand out for their long-term success in often challenging economic and regulatory environments and are notable for placing their innovative use of data and technology at the core of their strategy.  We are delighted to have John on board and to draw on his experience and expertise to grow Paratus AMC and Foundation Home Loans into a major player in the specialist lending market, and Funding Empire into a first market place lending platform”.

John van Kuffeler commented, “I am looking forward to bringing my experience to bear in helping Hans and his board take advantage of the trove of credit data and the robust platform to grow Paratus AMC, Foundation Home Loans and Funding Empire into leading lending businesses”.