He has held various executive posts in his decades-long career
Equity release specialist Pure Retirement has appointed David Marlow (pictured) as an independent non-executive director to further strengthen its internal governance.
Marlow brings his vast experience within the financial services sector to the board of the lifetime mortgage lender. His career began at Lloyds Bank, followed by a 13-year tenure at Alliance & Leicester that saw him occupy the position of director of current accounts and savings operations. His most recent executive financial services experience was a 16-year term at Nottingham Building Society, the last 11 of which were spent as the society’s chief executive.
In 2017, he became a member of the small business practitioners panel at the Financial Conduct Authority. Concurrently, he served as a member of the Bank of England’s East Midlands business panel and its key decision makers panel, until he retired from full-time executive duties in the summer of 2022.
At Pure Retirement, Marlow will chair the lender’s board risk committee to safeguard business interests and maintain best practices. His regulatory background will also be drawn upon acting as the lender’s Consumer Duty champion ahead of its implementation in July.
“Having been involved in the financial services sector for over 35 years, I’ve kept a watching brief on the recent growth of the lifetime mortgage sector as it enters the mainstream,” Marlow said. “It’s incredibly exciting to be joining the later life lending space at a time when it’s grown sixfold since 2018.
“It’s similarly gratifying to be joining such a leading presence in Pure Retirement with its reputation for integrity and consistently delivering great customer outcomes.”
Andrew Thirkill, chairman and co-founder of Pure Retirement, said that he was pleased to have Marlow join the company as they continue to focus on product innovation for their customers.
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