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Paragon Banking Group PLC (PAG.L)

LSE - LSE Delayed price. Currency in GBp (0.01 GBP)
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773.50-6.50 (-0.83%)
At close: 04:35PM BST

Paragon Banking Group PLC

51 Homer Road
Solihull B91 3QJ
United Kingdom
44 12 1712 2323
https://www.paragonbankinggroup.co.uk

Sector(s)Financial Services
IndustryMortgage Finance
Full-time employees1,440

Key executives

NameTitlePayExercisedYear born
Mr. Nigel S. TerringtonChief Executive & Director1.89MN/A1959
Mr. Richard J. WoodmanCFO & Director1.2MN/A1965
Mr. Zish KhanChief Operating OfficerN/AN/AN/A
Mr. Marius Van NiekerkGeneral CounselN/AN/AN/A
Michael ClarkeHead of Media RelationsN/AN/AN/A
Ms. Anne BarnettChief People OfficerN/AN/AN/A
Mr. Dave NewcombeManaging Director of Commercial LendingN/AN/AN/A
Mr. Michael Francis HelsbyManaging Director of Strategic DevelopmentN/AN/A1972
Ms. Jan GreenhalghHead of New Business-Asset FinanceN/AN/AN/A
Anup SanghaHead of Credit- Asset FinanceN/AN/AN/A
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in GBp.

Description

Paragon Banking Group PLC provides financial products and services in the United Kingdom. It operates in two segments, Mortgage Lending and Commercial Lending. The Mortgage Lending segment offers buy-to-let mortgages, as well as includes owner-occupied first and second charge mortgages. The Commercial Lending segment comprises SME lending, such as hire purchase, and finance and operating leases; and provides development finance, motor finance, structured lending, and other products. It offers a range of savings products; and deposits taking, mortgage brokerage, vehicle financing, asset and portfolio administration, asset financing and contract hire, asset finance brokerage, asset investment, consumer loan finance, and surveyors and property consulting services. The company was formerly known as The Paragon Group of Companies PLC and changed its name to Paragon Banking Group PLC in September 2017. Paragon Banking Group PLC was founded in 1985 and is headquartered in Solihull, the United Kingdom.

Corporate governance

Paragon Banking Group PLC’s ISS governance QualityScore as of 1 July 2024 is 2. The pillar scores are Audit: 2; Board: 3; Shareholder rights: 1; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.