Target Group names Peter O’Connor as new CEO
UK-based business processing and software provider Target Group has named Peter O’Connor as its new CEO.
O’Connor joined the firm last year as chief operating officer after several years at Capita where he was managing director of Capita’s mortgage software business, working across IT, operational and risk, and financial services.
Before Capita, O’Connor spent more than ten years at Lloyds Banking Group, where he held a number of senior roles in innovation, operations, supplier and relationship Management.
O’Connor says: “In my new role, I have a clear aim to grow the business.
“We have a fintech platform that manages assets in excess of £25 billion, and our systems currently process over 19 million accounts and collect £3 billion of direct debits each year for both private and public sector clients.
“As part of global multinational next-generation tech experts Tech Mahindra, we’ve extensive capabilities in digital transformation. I look forward to progressing our joint proposition to create exceptional value for our clients.”