Vida has announced the appointment of Fraser McNeill as chief risk officer (CRO) and executive director.

McNeill (pictured) will report directly to Anth Mooney, CEO at Vida and will manage a team of 16 people.

He has more than 20 years’ experience in risk management within the financial services sector and joins the lender with immediate effect.

McNeill joins from Coventry Building Society where he has been the CRO for almost seven years. He has also held roles at Saffron Building Society, The Co-operative Bank and National Australia Group.

Mooney, said: “As a lending specialist, Vida remains a relatively young company and we are at an important and exciting time in the development of the business. Fraser’s appointment is key to our growth strategy and he will be leading a strong, robust risk function.

“He will have a key role managing risk and driving growth and helping to move Vida to the next phase of our journey. I look forward to working with him as we continue to develop as a business.”