Pepper Advantage appoints new UK managing director
Credit intelligence firm Pepper Advantage has named Aaron Milburn as its new UK managing director.
He will manage a portfolio of £20bn in assets under management for the firm, as it seeks to grow its UK profile.
Milburn was previously managing director of Pepper Advantage in Indonesia. He takes over from former UK managing director Gerry McHugh, who is retiring.
“Aaron is an experienced leader with a clear record of delivering growth, a positive culture, and unparalleled results for customers,” said Fraser Gemmell, global chief executive of Pepper Advantage.
“His knowledge, energy, and commitment to clients makes him the right person to take on this critical role, which has been so ably filled by Gerry McHugh.”
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Pepper Advantage has a total of $55bn (£43.61bn) in assets under management, and operates in multiple asset classes including residential and commercial mortgages. It helps investors and financial institutions manage their credit portfolios, with a focus on clients whose customers are underserved by traditional mainstream lenders.
Earlier this year, Pepper Advantage formed a strategic joint venture with branded credit platform Clay to create an end-to-end credit platform that allows companies to launch comprehensive and bespoke lending offerings to customers.
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“I’m excited to be joining Pepper Advantage’s UK business at this pivotal moment for credit markets,” said Milburn.
“The team’s efforts to support borrowers alongside our growing data and technology solutions, which include our strategic joint venture with Clay and a material focus on increasing our unsecured consumer loan offering, positions us well to deliver the insights and service our clients need in this period of cost pressures and elevated interest rates.”
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