Maps appoints 4 non-executive directors to board

The Money and Pensions Service (Maps) has announced the appointments of four new non-executive directors to its board.

Capital Credit Union CEO, Marlene Shiels, Neyber co-founder and chief strategy officer, Monica Kalia, BT Group independent non-executive director, Sara Weller and Arts University Bournemouth governor, Simon Hamilton, will join the board from 1 September 2022.

Non-executive members of the Maps board are responsible for providing oversight, governance and direction to Maps to help it meet its statutory objectives.

The new appointments will join chair Sir Hector Sants, Ann Harris and Alex Heath, among others, on the board.

Shiels has more than 30 years of experience in the credit sector and holds a membership role at the HMT Financial Inclusion Policy Forum.

Previously, she held the position of chair on the FCA Smaller Business Practitioner Panel and was a member of the FCA Practitioner Panel until June 2022.

Kalia has been recognised by Forbes as one of the top female leaders in fintech and has over 25 years of experience in the financial services sector.

Her previous jobs include roles at the Bank of America, Credit Suisse and Goldman Sachs.

Weller bring an extensive background in non-executive roles across the public and private sectors to the board, and has experience in customer-focused operations.

Hamilton has had an executive career of more than 30 years in the financial services, split between management consulting and strategic leadership roles in three mutuals, including eight years at Nationwide Building Society.

“I am delighted to welcome Marlene, Monica, Sara and Simon to the Maps board,” commented Sants.

“Between them, they bring a diverse range of experiences to the board across different sectors and their skillsets will help complement the existing expertise across both the Maps board and the executive leadership team.

“The strength of the board will continue to challenge our thinking to find new and innovative ways to improve people’s financial wellbeing.”

“The Money and Pensions Service plays such a critical role in helping people make the best use of their money,” Shield added.

“This has never been more important as we face the challenge of the increased cost of living.

“Helping people build financial wellbeing and resilience in light of this is going to be a major challenge, and one which I look forward to bringing 30 years of expertise working with people who have fewer financial choices.

“I am delighted to have been given this opportunity to contribute to Maps, through membership of the board, and look forward to working with the leadership to support people achieve financial wellbeing.”

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