Bristol, United Kingdom - May 19, 2015, Bristol, United Kingdom - Inspired Capital, an investment company, announced that Brian Cole stepped down from the board and resigned as chief executive officer.
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Mr. Cole has more 19 years of experience in the financial services sector, starting his career at First Union Financial Corporation in the US. He subsequently joined Capital One Financial Corporation, serving in various executive roles before moving to the UK where he was Chief Executive from 2009 to 2013. In this role, Brian led a credit card business.
Jeremy Coombes, currently Chief Operating Officer, will take over as Interim Chief Executive Officer.
Mr. Coombes joined the Inspired Capital Board in September 2013 as Executive Director. He has 28 years of experience in operational and underwriting roles in the Commercial Finance Industry.
Mr. Coombes was Co-Founder and remains CEO of Ultimate Finance Group PLC, previously co-founder and Operations Director of Bibby Factors Bristol Ltd, Merchant Finance Divisional Manager at NMB Heller, and International New Business Co-ordinator at HSBC Invoice Finance (formerly Griffin Factors), ABFA Dip.
Matt Cooper also stepped down and resigned from the Board.
Mr. Cooper was one of the founders of Capital One which is now the fifth largest bank in the US. He currently holds several board-level positions with companies in both the corporate and not-for-profit sectors. His current directorships include Chairman of Octopus Capital plc, Chairman of ClearySo plc and Executive Chairman of Imaginatik plc as well as Non-Executive Director at Which? Financial Services.
Roger McDowell, senior independent non-executive Director, will take over as Interim Chairman.
Mr. McDowell is an experienced director of 30 years' standing and currently holds Non-Executive positions at several listed companies. Having developed the Oliver Ashworth Group through dramatic growth, main market listing and sale to Saint Gobain, he then took a number of non-executive roles including chairmanships in both public and private equity backed businesses. ■