Target Group appoints Jennifer Read as head of risk

Target Group has appointed Jennifer Read (pictured) as head of risk to strengthen its risk and compliance management. 

Read brings nearly 20 years’ experience in operational risk and governance across financial services and fintech, including roles at NatWest, Barclaycard, Royal London, F&C Asset Management, RBS, Morgan Stanley, Allica Bank, TrueLayer and Goldman Sachs.

Read will lead Target’s second line risk team, working with chief risk officer Jonathan Hole and the wider team to develop and maintain risk management and governance. 

Her responsibilities include regular oversight and reviews of controls, along with horizon scanning for any upcoming risk changes.

Read said: “It’s great to be joining Target, a business with such strong values that are absolutely clear in the way colleagues treat and support one another to deliver a fantastic service to clients. 

“Not only is risk a key part of every business, it is also a shared responsibility; it’s important our business remains self-aware in the decisions we make and the impacts of our actions. 

“My key focus is making sure we are articulate about our risks, responsible and always striving to do the right things in the right way – for the business, our customers and for our clients.”

Peter O’Connor, CEO at Target Group, said: “With deep knowledge and expertise across financial services, Jennifer is a fantastic asset and further strengthens our approach to risk, compliance and governance. 

“Firm foundations in these areas enable us to best support and protect our clients across the globe and demonstrate our deep domain expertise and unrivalled regulatory knowledge through the innovative and scalable solutions we provide.”

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