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Duo of senior hires at MoneyPlus Group

Michael Shaw and Deen Khan

Manchester’s MoneyPlus Group, the parent company behind MoneyPlus Advice, one of the UK’s largest and most trusted digital providers of regulated debt advice, has appointed Michael Shaw to the position of chairman of the group, and Deen Khan to the position head of business performance.

Both Michael and Deen join MoneyPlus Group at a point when its services are seeing greater demand, reflecting the challenges that customers are facing with the ongoing cost of living crisis and the rising prominence of buy-now-pay-later easy credit options. Their insight and experience will aid MoneyPlus Group in developing and delivering the best and most appropriate tailored debt solutions.

Shaw brings a wealth of experience from his time as a senior executive and general counsel with NatWest Group and Barclays Group, and before that as a partner at leading international law firm, Herbert Smith Freehills.

Shaw said: “I am excited to be joining the talented MoneyPlus Group board and look forward to using my skills and experience to help the business continue to grow its debt advice services for customers experiencing hardships during these challenging times.

Khan has an extensive background in the financial services sector, having previously worked for Lowell, Virgin Money, HSBC (First Direct) and St James Wealth Management.

Khan said: “I am delighted to be part of the MoneyPlus journey. The unwavering commitment to innovation, excellence, and pursuit of financial well-being for clients makes it such an attractive proposition. The projects I am actively engaged in are extremely exciting, impactful and it’s great to have the opportunity to make a really telling contribution.

CEO of MoneyPlus Group Chris Davis added: “We’ve put a lot of time and effort into identifying and hiring our new chairman and head of business performance, ensuring we appoint individuals who share our core values and principles. With their respective backgrounds, Michael and Deen will be great ambassadors for the culture we’re building here at MoneyPlus and we’re delighted they’ve accepted our invitation to be part of the journey, supporting myself, my colleagues and our investors as we grow the group in line with the core aspiration of making the lives better for all of our customers.”

MoneyPlus Advice continues to be one of the UK’s largest debt solutions providers, with thousands of customers successfully tackling and paying off their debts by the end of their appropriately chosen debt solution.

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