New Commercial Director Appointed at Skipton International
Jim Coupe has been appointed as Commercial Director of Skipton International Limited, the specialist Guernsey based offshore savings and mortgage subsidiary of Skipton Building Society. Skipton Building Society is the fifth largest building society in the UK, with approximately 860,000 members and over £15 billion in assets.
Jim joined Skipton International on 01 September. Jim was previously with Central Trust Plc, where he was Broking Operations Director. Central Trust Plc holds the unique distinction of being the only company to have appeared for five years in the Sunday Times profit track 100.
With a strong background in marketing and business development, Jim is expecting to play a key role in the future growth of Skipton International, following the amalgamation of Skipton Guernsey Limited and Scarborough Channel Island Limited which, subject to regulatory approval, is scheduled for completion at the end of September.
Commenting on his appointment, Jim said, "This is an exciting time for Skipton International. From our base in such a highly respected offshore centre, Skipton International has ambitious aims to grow both locally and internationally. The Skipton brand has an established reputation worldwide for offering consistency, good value and choice with a range of competitive products covering savings accounts and mortgages on Guernsey and Jersey. We will continue to focus on innovation, efficiency and delivering excellent customer service - key areas that are at the heart of our customer focussed approach to business."
"Looking ahead, being a part of a much larger Guernsey based company opens up huge opportunities for us to offer new products and services to our customers worldwide and in Guernsey and Jersey. We are planning to enhance the services to our existing customers and to exploit the opportunities offered by internet distribution still further to improve ease of access for our customers."
Alan Bougourd, Managing Director Skipton International adds, "Jim brings a key set of skill to us at a critical time in our growth and development. His experience and proven track record of growing companies in the UK, abroad and here locally will be a key asset."
Jim was educated at Loughborough University where he was awarded a First Class Honours Degree in Electronics and Manufacturing. He went on to be awarded an MBA with Distinction from Warwick University. Jim has extensive global business experience having worked in the UK, internationally in the Caribbean where he was Head of Internet for Cable and Wireless and locally on Guernsey, where he has been based for the past six years.
Jim is married and has two children. His personal interests include running, reading and skiing.
For more information on Skipton International products, visit www.skiptoninternational.com or call +44 (0) 1481 727374
Media contacts: Please contact:
Guy Stephenson/Jennifer Duffy
Nacelle Limited
Tel: +44 (0)20 8333 9125
+44 (0) 7980 241 558
E-mail: jenny@nacelle.co.uk
Editor's notes:
- Skipton International Limited (SIL) is a wholly owned subsidiary of Skipton Building Society, the UK's 5th largest building society with over £15 billion assets.
- Deposits are covered by the Guernsey Depositor Compensation Scheme, established 2008. Deposits made with SGL are not covered by the Financial Services Compensation Scheme established under the UK Financial Services and Markets Act 2000.
- Skipton Building Society has given an undertaking agreeing to discharge the liabilities of SGL in so far as SGL is unable to discharge them out of it own assets and whilst SGL remains a subsidiary of Skipton Building Society.
- As a Licensed Bank in Guernsey, Skipton International Limited is a participant in the Guernsey Banking Deposit Compensation Scheme (the "Scheme") established by The Banking Deposit Compensation Scheme (Bailiwick of Guernsey) Ordinance, 2008 (the "Ordinance"). The following is a brief summary of the Scheme, but is not intended as a substitute for the actual wording of the Ordinance, a copy of which is available on request.
- The Scheme only applies to 'qualifying deposits', which broadly means deposits made by natural persons for their own benefit; with a few limited exceptions such as, for example, deposits made by trustees of retirement annuity trust schemes, the Scheme does not apply to companies, trusts, partnerships or charities.
- The Scheme will provide compensation in the event that a Licensed Bank is unable to repay its depositors. Under normal circumstances, payment will be made within 3 months of receipt of a valid claim form.
- Compensation is limited to a maximum of £50,000 per individual claimant; in the case of a joint account each depositor would be entitled.
- Total Scheme compensation in any five year period is limited to £100 million. If claims exceed this cap, compensation would be reduced pro rata. The cap also means that compensation in respect of any one bank cannot exceed £100 million.
- The amount payable may be reduced if the Bank has any contractual right of set-off against the account. The Scheme is entitled to recover compensation from any funds subsequently paid out by the Bank.
- Further information and a leaflet about the Scheme is available at:
Website: www.dcs.gg
Telephone: +44 (0) 1481 722756
Post: P.O. Box 380, St Peter Port, GY1 3FY
- SIL is licensed under the Banking Supervision (Bailiwick of Guernsey) Law 1994, as amended and conducts business only in the Bailiwick of Guernsey, it is not authorised to accept deposits elsewhere.
- Copies of the latest audited accounts are available on request.