Zopa Bank Appoints Deutsche Bank’s Former People Chief to Board

Digital bank Zopa has announced the appointment of Pippa Lambert to its Board, pending regulatory approval.

A senior leader with 25 years of experience at high growth, listed companies, Pippa will Chair Zopa’s Remuneration Committee and oversee the bank’s people agenda including culture, rewards and recognition as it matures and enters its next phase of growth.

Pippa currently serves on the Board of Aviva PLC and is a member of the UK government’s Senior Salaries Review Board (SSRB).

She was previously Global Head of Human Resources at Deutsche Bank, overseeing HR strategy for its 80,000 employees. Prior to that she was Group Head of Reward at RBS where she restructured the bank’s compensation and benefits offering.

The 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 center.

Pippa Lambert, Zopa Board member said: “I am delighted to be joining Zopa at an inflection point of its impressive growth journey. 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.”

Jaidev Janardana, CEO at Zopa bank added: “We are excited to welcome Pippa to the Board. At Zopa, we are building Britain’s best bank. We will only achieve it by making Zopa the most attractive, truly diverse and inclusive place to work, and by attracting and retaining the best and brightest people from across the industry.”

Launched in 2020, to date Zopa bank has attracted £3.5 billion in deposits, more than £2 billion of loans on balance sheet, and issued over 400,000 credit cards. It continues to grow its revenues by over 40% YoY.

In February, Zopa bank raised £75 million to spearhead a 2023 M&A push and completed the acquisition of BNPL provider DivideBuy.

With a score of 4.6 / 5 on Glassdoor and 92% of its employees recommending it to a friend, Zopa has one of the highest employee satisfaction scores across the UK fintech industry.

It has been voted the UK’s “Bank of the Year 2022” at the Altfi Awards, “Best Personal Loan Provider” and “Best Credit Card Provider” at the British Bank Awards, and the third most loved company in the UK by Newsweek magazine.