Michael Bolton becomes co-CEO of Clayton Euro Risk
Bolton, who has both HBOS and Edeus on his CV, will take on his new role when CER’s current chief executive, Tim Keast, leaves the company at the end of June.
Bolton’s co-CEO, Teresa Gallagher, will manage operations and delivery.
Keast has served as the company’s CEO from its days as Euro Risk Management through the 2007 acquisition by Clayton.
Commenting on his planned departure, Keast said: “I have been planning to work fewer hours for some time now, and felt the company was in a strong position with an outstanding team of senior managers and staff to take the business forward, and that now would be a good time.”
Bolton said, “Firstly, I’d like to add my best wishes to Tim for the future. We intend to continue the growth of the business and are excited by the opportunities to expand both our product offering and footprint in new markets and jurisdictions opening across Europe.”
Clayton Euro Risk is part of the global Clayton business and is uniquely positioned to give its clients insight into the quality of most types of assets, including performing and non-performing, first and second charge residential, commercial, consumer loans, credit cards, leasing and auto loans.