Tweedy also joins the executive committee and has been tasked with shaping strategy in close association with the sales team and the firm’s clientele.
For the past year he has been working in Dublin for Ulster Bank as head of mortgage arrears, and before that he was the managing director of Platform Home Loans for 13 years.
He has also worked in a number of board level roles at Britannia Building Society, Western Mortgage Services, The Money Store and, during the 1990s, Lehman Brothers.
Tweedy said: “This is an exciting move for me to an ambitious and expanding business. I’m looking forward to rejoining the UK financial services market at a key time and helping to shape Target’s business growth over the coming years.”
Target’s chief executive officer Paddy Byrne said: “I’m delighted to welcome David on board. He will provide valuable input to support our customers and the further development of our business.”