White Oak announces appointment of director of risk & compliance
White Oak has today announced that Natasha Powell has been appointed as director of risk & compliance, White Oak Europe. Natasha joins at an exciting time for the firm on the back of £315m in CBILS loans provided to SMEs across the UK and plans to expand reach and capabilities.
Natasha will take the lead on managing the firm’s regulatory compliance risk framework as part of White Oak’s commitment to regulatory excellence. The role will involve identifying, assessing, and reporting on risks; providing oversight and challenge to the business’s execution and adherence to its regulatory obligations; and managing the firms ongoing relationship the UK Financial Conduct Authority.
With over 15 years’ experience in financial compliance and regulatory roles, Natasha is a key hire which strengthens the future of the company. Most recently Natasha headed up her own compliance consultancy firm advising European hedge funds, asset managers and prime brokerage firms on effective compliance strategy and framework implementation. Prior to working as a consultant, Natasha spent 10 years in senior compliance roles at RBS, Schroders and Barclays Capital. She also worked as a European regulatory policy expert at the Financial Services Authority now the Financial Conduct Authority.
Natasha Powell, director of risk & compliance at White Oak Europe, said: “Since working with White Oak last summer, I have been constantly impressed with the competency and attitude across the whole business, and the commitment to doing the right thing for the customer. In particular, White Oak’s wide range of products enable the firm to work alongside its customers to provide the most effective lending solutions tailored to each customer’s specific circumstances and needs.”
Andy Davies, managing director of White Oak Leases & Loans, said: “We are delighted with the appointment of Natasha. At White Oak we believe that treating customers fairly is at the heart of our culture and practices. Over the last year, we have attracted over 1,000 new customers through our highly successful CBILS programme which provided £315m of funding to the UK economy. As these businesses begin to recover from the pandemic, they will need further support and White Oak is launching several new product initiatives in order to support, including asset finance, invoice finance, office refurbishment loans in additional to its full suite of working capital solutions.”
