Loan Talk spoke to Alan Jarman, the new CEO of subsidiary lender Nemo Personal Finance, on his ambitions in line with his recent appointment.

Alan, the former CEO of HSBC in Wales and Poland, joined Principality Building Society as Group Chief Operating Officer in July. He has taken over as CEO of Nemo from Guy Thomas, who retired on 31st October.

“Both roles are different and within businesses operating in different parts of the finance industry,” said Alan.

“I’ll be supporting an already very successful franchise in Principality to grow further, both across the retail and commercial businesses.”

According to Alan, the goals within Nemo are a little different but with a common theme to Principality.

“With a focus on our customers and their needs, providing financial solutions that are fair and easy to understand, and growing the franchise,” he described.

Alan is excited about the opportunity to work in a smaller company, after working with HSBC Group in a number of senior roles, spanning 10 different markets in Europe and the Middle East.

“One of the reasons I left HSBC after 28 years was to be involved in smaller businesses, where your level of influence and impact can be more immediate sometimes, than within a larger corporate group of companies,” said Alan.

“Nemo gives me the ability to do just that, and is an opportunity I’m genuinely excited about.”

Alan expects some major developments with the company in the next year.  

“I look forward to driving this change with my team at Nemo, ensuring we offer competitive products and a market leading customer-centric service proposition,” said Alan.

“Like almost every business in financial services, Nemo sees two major themes impacting the industry today, namely regulatory changes and the never ending march of technology,” he said.

“These are pretty much at the top of my list.”

“Naturally, planning for the introduction of EMCD in 1Q 2016 will require a lot of attention, which in itself will require evolution to the customer journey,” Alan added.

“There remains scope for the second charge sector to grow, and provide funding solutions to a wider audience than we see today, so plenty for the Nemo team to be working on!”