The Peer-to-Peer Finance Association (P2PFA) is delighted to announce the appointment of Tony Boorman, former Chief Ombudsman at the Financial Ombudsman Service, as a Director of the P2PFA. Tony will work with Christine Farnish, the Independent Chair of the P2PFA as the Association continues to support its members in building a sustainable Peer-to-Peer lending sector of high integrity.

Christine Farnish said:

“Tony’s appointment demonstrates the dedication that the Peer-to-Peer Finance Association has to high standards in this fast-growing industry. He brings with him significant experience from the financial services sector from a consumer perspective.

“The members of the P2PFA and I look forward to working with Tony as Peer-to-Peer lending continues its exponential growth. We have a commitment to be clear, fair and not misleading, having a former Chief Ombudsman join the board of the P2PFA is testament to that commitment and also the credibility of the P2PFA which only represents the interests of those Peer-to-Peer platforms which put customers first and abide by high ethical standards.”

Tony Boorman added:

“I am delighted to be joining the P2PFA at this exciting time in the industry. The sector is transforming how we save and how we borrow and I look forward to supporting this evolution in consumer-friendly online financial services in the years ahead.”

-ENDS-

For further information please contact:
Cameron Penny, cameron.penny@cicero-group.com or 07917 682 675

Notes for Editors
Tony Boorman joined the Financial Ombudsman Service in 2000, initially as Principal Ombudsman, and later went on to be appointed as Deputy Chief Executive and Deputy Chief Ombudsman with responsibility for leading policy, strategy and stakeholder management. Since November 2013 he has led the service as Chief Ombudsman and Chief Executive (Interim). Prior to joining the Ombudsman Service Tony was Managing Director of Ofgem, the gas and electricity market regulator, where he led the work of liberalising the retail electricity market. He has also held a number of non-executive roles including as a commissioner for judicial appointments, and now at an NHS foundation trust hospital in the Midlands.

About the P2PFA:
The Peer-to-Peer Finance Association is a UK trade body that maintains Rules and Operating Principles that must be followed by all Member organisations to protect the interests of all their consumer and small business customers.