By Daniel Hunter

Target Group, the financial services outsourcing and software provider, has announced the appointment of Ian Larkin as Chief Financial Officer (CFO).

Mr Larkin brings over 20 years of financial services experience to Target and he will also act as a Director of a number of the Group’s regulated companies, subject to FCA approval.

Originally from Dublin, Ian has worked in leadership roles across Lloyds Banking Group for 8 years, most recently as MD of Lloyds Commercial Finance, the UK’s largest asset-based lender, and previously as MD of Lloyds Consumer Banking where he led the end-to-end overhaul of the digital banking proposition and infrastructure across the Group.

Before joining Lloyds Ian spent 3 years as CFO at Virgin Money and 4 years at McKinsey. Ian has a first class Degree in Chemical Engineering from University College Dublin, an INSEAD MBA and is a Fellow of the Chartered Institute of Management Accountants

Ian Larkin, Chief Financial Officer at Target Group, says: “Target Group has always had a strong reputation in the financial services industry and recently it has really started moving up through the gears. In an environment of regulatory change and macroeconomic uncertainty financial services providers are looking to proven outsource partners to play an increasing role in their business model.

"Target has aggressive growth plans and has put an impressive infrastructure in place to achieve those aims. Helping Target help its clients succeed is a major reason I have joined the firm and I look forward to contributing to the company’s next phase of expansion.”

Paddy Byrne, Chief Executive Officer at Target Group, says: “Ian has vast experience of the areas we operate in and is extremely well qualified to serve as Target’s CFO. His leadership experience complements our already strong executive team and will be invaluable as we continue to drive our strategic and financial business transformation.”

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