TIM PORTER JOINS LOQBOX AS CHIEF RISK OFFICER
Nov 24, 2020
Today, LOQBOX has announced the latest appointment to their senior team. Tim Porter joins
LOQBOX as Chief Risk Officer. Tim will be responsible for all aspects of risk and compliance across
the enterprise. He has been working alongside LOQBOX since they launched in 2017 as a consultant
and now joins one of the UK’s fastest growing Fintechs on a permanent basis.
Tim has over 30 years of experience in banking, finance and consultancy internationally at the Royal
Bank of Scotland, Impact Plus and Standard Chartered Bank. Tim is a Fellow of the International
Compliance Association and holds the ICA’s professional postgraduate diploma in Governance, Risk
& Compliance, and a diploma in Financial Crime Prevention. He joins after 4 years as an independent
consultant working with PwC, HSBC, Acuris Risk Intelligence and other clients.
Gregor Mowat, Co-founder and Co-CEO of LOQBOX said: “We are delighted to have Tim join us
at such an exciting time in LOQBOX’s evolution. We are growing at pace and are extremely pleased
to be adding talent to our senior team. Tim’s broad and global experience will really help us to keep
on the right path towards a successful future”.
Tim Porter, CRO of LOQBOX commented: “After working alongside LOQBOX for several years as
a consultant, I am thrilled to join this team. Having watched their journey with interest over the last
couple of years, it is certainly a great time to join the company and to be able to work with an engaged
and positive team through the next phase. This is a very exciting opportunity for me”.
LOQBOX’s mission is to end financial exclusion globally. This means giving everyone the chance to
achieve their goals, most of which cost money. For many people, their goals are unachievable
because they have not had an opportunity to build a positive financial profile, they don’t have
sufficient savings or they don’t understand how to make the financial system work for them. LOQBOX
is a multi award-winning business that has already enabled hundreds of thousands of people to build
their credit score with the three main credit reference agencies and master their money while they
save. It works best for people early in their financial life or for anyone trying to improve their
relationship with money. When they have finished their journey, LOQBOX customers have a better
credit score, a nest egg of savings and the ability to achieve their goals. Ultimately, LOQBOX helps
everyone to get the things they want without money getting in the way.
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Katy Ringsdore - Head of Media Relations