Embark Group (Embark) today announces the appointment of Paul McMahon as Independent Non-Executive Director and Chair of the Risk Committee.
Paul has over 30 years’ experience in senior leadership positions within financial services businesses across FinTech, investments, banking and financial advice.
Paul is a Non-Executive Director of global B2B SaaS firm Ignition Advice. He is also an expert adviser to Boston Consulting Group, with a particular focus on strategy and transformational change in the wealth management, investment platform, and FinTech sectors. Prior to this, most recently, he was Chief Operating Officer for M&G Prudential, where he led a £300m transformation programme and a Non-Executive Director of Succession Group.
Sophie O’Connor, Group Chair, Embark, said: “Paul brings a wealth of knowledge and experience across the financial services industry, which marries perfectly with Embark Group’s offering. This will be invaluable as we look to build on and execute our ambitious growth plans.”
For further information, please contact:
The Agency Partnership (Embark Media Relations)
Email: [email protected]
Tel: 07880 602902
About Embark Group
Embark Group is a fast growing, diversified, financial services business and one of the leading retirement solutions providers in the UK. The Group trades under the brands Embark, Advance, Horizon, Stocktrade, Vested and The Adviser Centre and operates a wide portfolio of white label services to the Wealth Management, D2C, Robo-Advice, Retail Banking and Workplace markets.
Providing a combination of deep pension expertise and leading technology integration that cover the areas of Investment Platform, Brokerage, SIPP, Multi-Asset Funds, Fund Research and Employee Benefit Consulting, Embark works closely with financial advisers and its intermediary distribution partners to deliver their retail savings and investment propositions to consumers of all levels of affluence.
The Group has more than £37bn in assets under administration on behalf of c354,000 consumer clients, operating across seven UK locations (London, Bolton, Dundee, Edinburgh, Leeds, Leicester and Swindon). Embark has been recognised as one of the most innovative Wealth Tech companies for the past three years.
In January 2022 Embark became part of Lloyds Banking Group, a leading UK based financial services group providing a wide range of banking and financial services.
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