Moneysupermarket hires new chief financial officer

Chester-based price comparison website Group Plc announced the appointment of Niall McBride to its board as chief financial officer, subject to regulatory approval.

McBride is currently chief financial officer at Ocado Retail Limited, having joined in 2020.

Prior to this, he was a managing director at Rothschild & Co. He started his career at PwC, where he qualified as a chartered accountant.

McBride’s start date will be no later than April 3, 2023. He will replace Scilla Grimble, who is leaving Moneysupermarket, as previously announced, to join Deliveroo plc.

Moneysupermarket CEO Peter Duffy said: “I am delighted to welcome Niall to Moneysupermarket.

“He will be a strong addition to the board and executive team.

“Niall brings strong digital and consumer experience. I am looking forward to working with him as we continue to successfully execute our strategy.”

McBride said: “I am delighted to be joining the team at Moneysupermarket.  

“With its distinctive brands and its mission to help households save money there is no better time to join this exciting business.  

“I am looking forward to working with colleagues to realise the significant potential of Moneysupermarket in the years ahead as a market leading tech-led savings platform.”

Moneysupermarket also announced the appointment of Rakesh Sharma as an independent non-executive director with effect from October 3, 2022.

Sharma will be appointed as a member of the Audit, Nomination and Risk & Sustainability Committees of the board with effect from the same date.

Subject to regulatory approval, Sharma will succeed Sarah Warby as Remuneration Committee Chair.

Rakesh, a former chief executive officer, brings to the board over 30 years’ broad experience from tech and cyber industries,” said Moneysupermarket.

“Rakesh is currently the Senior Independent Director and Remuneration Committee Chair at PayPoint plc and chairman of AIM-listed Kromek Group plc.”

Moneysupermarket chair Robin Freestone said: “On behalf of the board, I’m delighted to welcome Rakesh as an Independent Non-Executive Director.

“With his expansive technological and digital experience, Rakesh will be a valuable addition and complement the diverse backgrounds and experience of our board.”