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Paymentshield hires new compliance director

Paymentshield has hired Graham Johnston as its new compliance director.

He will take responsibility for ensuring Paymentshield meets its regulatory obligations to intermediaries and retail customers including managing complaints and appeals.

Johnston joins from Cheltenham & Gloucester, Lloyds TSB’s mortgage provider.

The supplier of mortgage-related general insurance products says Johnston is the latest hire to see it through its latest period of growth. Premium income increased 42 per cent from 132m to 186m in the last financial year.

Chief executive Stuart Pender says: “Over the last year a number of high profile appointments have been made to significantly strengthen the senior team at Paymentshield. These appointments were critical to establishing a strong team to lead our business during our next phase of growth.

“I am delighted to announce that this process has been completed. Our new appointments bring a wealth of experience to the Board at Paymentshield and will ensure the continuation of the strong growth within the business.


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