Kensington Mortgages and Redwood Bank bolster senior teams

Foulsham (pictured) boasts a track record in digital innovation and business transformation. He served as group chief information officer at Esure, the London Stock Exchange-listed personal lines insurance group that includes the well known brand Shiela’s Wheels, from 2004 to 2016.

While there, he overhauled the company’s legacy systems and processes including its claims platform. He is credited with pioneering the use of mobile technology within insurance. 

Foulsham established start-up Keyenable in 2016 to advise digital disruptors and traditional businesses on issues such as data strategy, cyber security and technology transformation.

Foulsham’s experience covers customer services, crime prevention, new technology, new products and initiatives to drive sales and business transformation to improve profitability.

He was chief executive of Surrey Innovations at the Centre for Digital Enterprise at University of Surrey and led digital transformation at Scope, the disability social enterprise.

“Technology is rapidly changing how consumers think about every aspect of their finances,” said Mark Arnold, Kensington Mortgages chief executive.

“Our approach is to marry the power of big data and the common sense of a human underwriter to offer mortgages to people who don’t tick the right boxes at the big banks. Mark is the perfect hire to take our digital innovation to the next level.”

Foulsham added: “Kensington demonstrates what can be done by combining exceptional data insight, the best technology and understanding of traditional lending. There are huge opportunities for us as we look ahead.”

Redwood appoints board-level risk chief

Meanwhile, Redwood Bank has appointed Alan Brown as chief risk officer in a board-level executive director role.

Brown is a “meticulous risk and compliance expert”, who joined the bank as director of risk and compliance in 2017.

“Alan is meticulous, methodical and always goes above and beyond. Identifying, mitigating and adhering to risk and compliance is vital within banking,” said Redwood Bank chief executive and co-founder Gary Wilkinson.

Brown previously led liquidity management at TSB and ran the market risk function of Williams & Glyn.