Alex Marsh, the previous head of Klarna’s UK entity, has been appointed the group chief govt officer of fintech lender Salad Group.
A protracted-time fintech govt, Marsh joined the UK arm of Klarna in 2019 as its finance chief earlier than rising to the position of the BNPL supplier’s UK CEO the next yr, finally leaving the agency in 2023.
Marsh joined Salad that very same yr, initially becoming a member of as a non-executive director earlier than turning into the chair of the board of administrators earlier this yr.
The appointment is a part of a restructuring of the corporate that may see Tim Rooney proceed as chief govt of Salad Finance whereas Marsh will oversee the corporate’s core propositions in its group construction.
Salad is a fintech firm that gives open banking-powered lending to underserved prospects within the UK.
“My ardour for Salad’s mission has solely deepened during the last two years,” Marsh mentioned.
“We’re not simply offering one-off entry to finance; we’re utilizing long-overdue technological innovation to genuinely enhance the monetary well being of customers locked out of mainstream monetary providers. The tens of millions struggling to entry reasonably priced credit score is a disaster that’s solely getting worse.”
Marsh can also be a non-executive director for the government-supported non-public sector group Centre for Finance, Innovation and Expertise (CFIT).
“We’re delighted to welcome Alex in his new position. Not solely does he deliver with him unrivalled experience of the buyer credit score market however deep expertise of serving to technology-led companies scale at tempo and a real ardour for supporting customers underserved by mainstream suppliers,” added Salad Group chair Alan Campbell.
“His imaginative and prescient and management might be invaluable as we proceed to scale origination and diversify our proposition to make sure that, at a time when family funds have by no means been extra stretched, customers can entry the services they so desperately want and deserve.”
