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August 5, 2019

Credit platform OakNorth appoints chief operating officer

SME finance provider OakNorth has made an appointment to cover the dual roles of chief technology officer and chief operating officer.

By Christopher Marchant

Credit platform OakNorth has made an appointment to cover the dual roles of chief technology officer and chief operating officer.

Jackson Hull was recently at price comparison site GoCompare, in the same dual roles that he will assume at OakNorth. He also serves as an adviser or non-executive director for several companies, including Bloom & Wild, the British florist, Kindred Capital, the London-based venture capital firm, and Hubble, the online platform for flexible office space. He has managed large technology teams globally, including in China, Singapore, India, Ukraine, Europe and South America.

At OakNorth, Hull will be responsible for all application delivery, including application enhancements and customisations, data science and machine learning, new technology development, and systems integrations. He will have ownership of the delivery of the portfolio of technology programs and projects across the business and will be focused on the organisation’s current and future-state architecture. He will also have accountability for the compliance and infrastructure teams as well as pre and post-sales technology support.

Joel Perlman, co-founder of OakNorth, said: “Jackson has been a technology executive at several institutions, and a founder or early-stage employee at successful startups. He therefore not only has the knowledge and expertise that will be pivotal for this stage of OakNorth’s evolution, but also knows first-hand what it’s like to be an SME founder – the exact market our platform helps banks serve. As chief technology officer and chief operating officer, he’ll be helping to build our world-class engineering team and the engineering culture required to develop and support our globally scaling platform.”

Hull said: “As a founder of several companies in the past, OakNorth’s mission to help small and medium-sized businesses achieve their growth ambitions was one that really resonated with me. Over the years, I’ve watched as the business has grown from a fledgling start-up to a mature, global fintech with exceptional talent, impressive growth metrics and a proven proposition. Given how significant the market opportunity is, this still feels very much like day one so I’m excited to be joining at this stage and look forward to playing a key role in the company’s future success.”

In June this year, OakNorth Bank, a separate entity from the credit platform arm, provided a loan to Oncore IT, a managed service and cloud platform provider, for the acquisition of another company. The finance has been used for the acquisition of Fuse Technologies, a London-based provider of online unified communications tools.

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