People Moves

UK Asset Lender Adds Chairman

Natasha Taghavi Reporter London 14 February 2013

UK Asset Lender Adds Chairman

The London-based personal asset lender, borro, has appointed Nigel Morris as chairman of its board.

Morris, who is known for co-founding Capital One Financial Corporation, is currently a managing partner at QED Investors - a direct investment fund focused on high-growth companies - based in Alexandria, Virginia.

In addition to this, Morris works in an advisory capacity with General Atlantic Partners and international management consulting firm Oliver Wyman; alongside serving on the board of numerous for profit companies, including Red Ventures, Media Math and online payments provider Braintree.

In his role as chairman, Morris will work with borro’s existing board of directors, led by chief executive and founder Paul Aitken.

borro offers loans up to £1,000,000 (around $1,550,000) against assets such as fine art, antiques, prestige cars, luxury watches, diamond jewellery, gold, yachts and fine wine. The firm was launched in 2008.


 

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