Purplebricks has recruited Helen Martin to the newly created role of group director of risk and compliance.
It comes as the beleaguered online agent faced compliance failures in its lettings business last year.
The agent was also given a record fine for anti-money laundering breaches in 2020.
Martin joins from LSL Property Services plc where she was risk and governance director for its estate agency division.
She will report directly to chief financial officer Steve Long and will be responsible for oversight of risk management and compliance, as well as further strengthening the processes and procedures in place across the group.
Martin said: “This is an exciting opportunity to join the best-known brand in the industry and to be part of an ambitious team who have made it clear to me that they recognise the importance of an effective risk management framework and compliance culture.
“I am looking forward to joining Helena and the team to continue the work already underway to put in place the highest standards of compliance.”
Helena Marston, chief executive of Purplebricks, said: “This newly created role is an essential part of our plans to continue to raise standards and ensure the highest levels of risk management, particularly as we look to build additional revenue streams, beginning with the launch of our new mortgage offer by the end of the financial year.
“I’m thrilled that we have secured someone of Helen’s calibre and with such relevant experience, and I am excited to have her on the team.”
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She's going to be busy!
zzzzzzzzzzzzzzzzzzz
Very
'Director of Risk & Compliance' hmmm, must go get me one of those, not.
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