Zopa Bank has appointed an IPO veteran to its board as a non-executive director, as the former peer-to-peer lender eyes a public listing.
Deutsche Bank’s former people chief Pippa Lambert will join the Zopa board pending regulatory approval. She will also chair the company’s remuneration committee, which aims to “build Britain’s best bank”.
Lambert has more than 25 years of experience at listed companies, and currently serves on the board of Aviva and on the UK government’s review body on senior salaries.
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“I am delighted to be joining Zopa at an inflection point of its impressive growth journey,” said Lambert.
“Zopa’s culture of community, collaboration and inclusion make it an exciting and inspiring place to be. I look forward to building on Zopa’s unique strengths as it enters its next phase of growth.”
When announcing the news, Zopa noted that Lambert’s appointment follows last month’s call from the LSE chief for higher UK executive pay to retain listings and an ambitious review into the UK’s listing rulebook to make London more attractive as a financial centre.
Zopa has been openly mulling a public listing for the past few years. However, earlier this year chief executive Jaidev Janardana said that the company may not choose to list in London.
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