Terry Baxter

Independent Non-Executive Director +

Terry Baxter

Independent Non-Executive Director

Date of Appointment
05 November 2022

Background and Career
Terry joined the Board as an Independent Non-Executive Director with effect from 5 November 2022, and will be Chair of the Risk & Compliance Committee subject to regulatory approval.

Terry is an experienced, strategic business leader and customer advocate with proven Board & Approved Person/SMF experience in financial services, developed through a 30+ year career in Professional Services, Regulators and Business Process Outsourcing.

From February 2014 to October 2020, Terry was a Board Director, Group Risk & Compliance Director & Data Protection Officer at Target Group Limited. There, he was responsible for setting, monitoring, and refreshing Group risk strategy across all key risk areas including Conduct risk, Credit risk, Operational risk, Corporate Governance & Operational Resilience.

During the previous 8 years to February 2014, Terry had been a Director of the Financial Services Group at Grant Thornton UK LLP.

Areas of Expertise
Terry has significant experience in mortgage and lending sectors, including regulatory supervision and s166 reviews on topics such as product mis-selling, advice processes, risk framework effectiveness, financial crime, corporate governance and business model effectiveness.

Core skills include Risk Management, Conduct/Compliance, Training and Competence, Corporate Governance and Data Protection, complemented by practical business experience in strategy development, M&A, and business transformation (including leveraging digital enablers to improve customer experience). Experienced in working within different ownership and governance models including PE, Listed & 100% ownership.