TDX Group, the UK’s leading provider of data and technology driven debt solutions, today announced that Nigel Morris has been appointed to its board as a Non Executive Director with immediate effect.
Nigel co-founded Capital One Financial Corporation in 1994 and spent ten years transforming it from an emerging start-up into an established international company and member of the Fortune 500.
With extensive experience in the consumer lending industry, both in the UK and overseas, Nigel is currently managing partner of QED Investors and works in an advisory capacity with General Atlantic Partners and Oliver Wyman. Nigel also serves on the board of numerous for-profit companies, including , Red Ventures, Klarna, Capital Access Network, Media Math and Braintree. He is also on the board of the Brookings Institution, National Geographic Ventures, ideas42, and the London Business School.
Commenting on his appointment, Nigel Morris said: “I am delighted to join the board of TDX Group at this exciting time of growth. Following a number of product launches and acquisitions, TDX has taken great strides towards changing the way the industry approaches the recovery of debt and I’m excited about how they can leverage their position at the intersection of data and technology in this space. I look forward to using my experience to help TDX realise the significant opportunities ahead.”
Commenting on the appointment, Mark Sanders, Chief Executive Officer TDX Group, said: “Nigel’s credentials as a pioneer within the consumer lending industry and his extensive experience of building businesses that harness data and technology to drive change are a perfect fit for TDX Group. At TDX we believe fair treatment of consumers and good results go hand-in-hand and we are going through a period of rapid growth as we seek to make a significant difference in this industry. I see huge benefits for TDX from having Nigel involved as we develop our business. My management team and I are looking forward to working with him.”
Nigel has a BSC in Psychology from the East London University and a MBA with distinction from London Business School, where he is also a Fellow.
TDX Group is a data-driven business which provides banking, utility and Government creditors with Platforms, Tools and Services to optimise returns from their debt portfolios. TDX’s UK-hosted platforms for debt collection, insolvency management and debt sale are utilised by European and South American clients looking for high quality, robust and compliant solutions. With over £7 billion of debt under management and data from over 200 client portfolios TDX is well-established and renowned for delivering uplifted performance for clients. In 2008, Investcorp Technology Partners acquired a substantial minority position from TDX’s founders.