The Board determines NewDay’s strategy and oversees its implementation by the Executive Team. It is responsible for creating a foundation for growth and attractive shareholder returns, striking an appropriate balance between risk and reward while maintaining a focus on positive customer outcomes.
James Corcoran has over 30 years of global Financial Services experience with large multi-national companies such as American Express, Citibank, HBOS and IBM. James began his career in sales and marketing moving into general management where he has held various senior executive positions over the last 20 years. He has run credit card businesses for First USA/Bank One and Amex and at HBOS his final role was CEO of Distribution, Retail & Insurance Division, prior to which he was Head of their Retail Product business units. James joined NewDay as CEO in January 2009 from Washington Mutual in Seattle where he was President of the Retail Banking Division.
Paul has over 20 years of experience in financial services organisations spanning banking, asset management and insurance. Paul joined from Legatum, a private investment firm based in Dubai where he was CFO/COO for 3 years, having previously been CFO/COO of Record plc, a main market listed asset management business. Prior to this he was Group Finance Director at Arbuthnot Banking Group plc, a listed banking group, and Commercial Finance Director of the Prudential’s UK and European Business. Earlier in his career he spent five years in private equity and qualified as a Chartered Accountant with Arthur Andersen. He is a member of the Institute of Chartered Accountants in England and Wales.
Ian joined from the Commonwealth Bank of Australia, where he was CEO and a Board Director of its majority owned Aussie Home Loans subsidiary for 6 years, having previously been CEO of the Retail and then Business Bank at Bankwest. Prior to this, Ian also worked for HBOS in the UK and Ireland across a range of roles including 3 years as Managing Director of the HBOS Credit Cards and Personal Loans business. With over 15 years’ experience in financial services across 3 different countries, Ian has extensive expertise in credit risk, product design, and distribution. Ian’s early career included time as a management consultant and political adviser.
Damaris joined to lead the People Team at NewDay from Hill and Knowlton Strategies, where she was Chief Operating Officer and where talent strategy was a key priority. Damaris has over 20 years of experience in senior leadership roles at Sanofi, Bristol Myers Squibb and Merck. She has strong commercial experience in strategic and general management roles, but has focused latterly on driving a high performance culture through developing people.
Stephen joined from Santander, where he was Legal & Compliance Director for the UK Cards business for 2 years. Prior to that Stephen was with GE for 4 years split between the GE Money UK (Unsecured Lending) business where he led the Legal team and the GE Consumer Finance EMEA business where he was Senior Legal Counsel supporting a number of full-service bank acquisitions in emerging markets including Russia and Turkey.
Mark joined from Deloitte, where he was a Director in the Risk and Regulation practice providing advisory support to financial services firms regarding risk management and regulation. He started his career with Barclays Bank in 1990 where he worked for 17 years in a wide variety of roles including customer lending, group-wide change programmes, strategy formulation and concluded as a senior executive within the Group Risk function. Mark then joined RSA, one of the world’s leading multinational insurance groups, where he worked in the group head office on risk and capital management, risk appetite and preparation for Solvency II.
Sanjay has more than 24 years’ experience in senior operational roles in international businesses working in India, the Philippines, London and Austria. He joined from Bawag PSK in Vienna where he was Chief Operating Officer and a Member of the Management Board where he helped lead the bank’s transformation agenda. Previously he was Chief Operating Officer at Barclays Corporate Bank where he focused on maintaining the commitment to customer service and building the senior and middle management team. He started his career at Indian technology, engineering, construction and manufacturing company Larsen & Toubro and has also worked for TEMIC Semiconductors and IBM.