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Aldermore’s Damian Thompson to depart – exclusive

  • 23/05/2022
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Aldermore’s Damian Thompson to depart – exclusive
Aldermore’s group managing director of retail finance, Damian Thompson (pictured), will be leaving the firm, Mortgage Solutions has been informed by four reliable sources.

Thompson has worked at Aldermore for just under five years, joining as director of mortgages in 2017, before being appointed group managing director of retail finance in 2020.

Thompson told Mortgage Solutions: “After five years I’ve decided now is the right time to move on from Aldermore. I’m immensely proud of what my team and I have achieved together and I want to wish Aldermore every success for the future. I now plan to take some time out with my family, before deciding what my next challenge should be.”

It was reported last week that Aldemore’s intermediary distribution head, Nick Parker, would also be leaving the firm.

Aldermore has declined to comment on Thompson’s departure.

A legacy to be proud of

Thompson previously worked at Newcastle Building Society as customer director for just under a year. At the mutual he was also an executive director where he oversaw operations, marketing, mortgages, savings and financial services.

He also spent nearly eight years at Principality Building Society in various senior roles, including director of distribution and head of retail.

During his tenure, he oversaw Principality’s retail network, intermediary sales, telephony and digital distribution. He also led the development of its agency acquisition programme, which changed their distribution, and put in place a society-wide customer interaction programme.

Before that he worked at HBOS for nearly six years, initially as head of network sales and marketing for nearly two years and then area sales manager for around four years.

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