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May 29.2025

2 Minutes Read

Target Group Strengthens Risk Management: Jonathan Hole Named Chief Risk Officer

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Target Group Appoints Jonathan Hole as Chief Risk Officer

In a significant move aiming to bolster risk management, Target Group has appointed Jonathan Hole as its new Chief Risk Officer. The business process outsourcing firm, known for its comprehensive range of mortgage and loan services, is confident that Hole's extensive background will enhance their risk and compliance frameworks.

Four Decades of Experience

Hole brings with him an impressive four decades of experience in credit, market, and operational risk, enriched by tenures at prominent financial institutions such as Barclays, GE Money, and Santander. His expertise spans regulatory compliance, where he has managed both internal and external audits, demonstrating a robust understanding of risk in a complex financial landscape.

Key Responsibilities to Strengthen Risk Management

As Chief Risk Officer, Hole will collaborate closely with Target's executive team to devise strategies that not only protect the business but also safeguard the interests of clients. His role extends to supporting internal teams in bid processes while providing timely regulatory updates, addressing the growing need for transparency and compliance in an ever-evolving market.

A Unique Team Approach to Risk

Addressing the common friction between risk management and operational departments, Hole emphasized that at Target, such conflicts are minimal. This approach could potentially grant the firm a competitive edge by fostering a more cohesive internal environment that prioritizes both operational efficiency and regulatory adherence.

The Future of Target Group Risks

With rising concerns over mortgage fraud and a shifting landscape of financial regulations, Hole's appointment comes at a pivotal time. The integration of risk management with operational strategies underscores Target's commitment to maintaining a stable, resilient business model while navigating these challenges.

Peter O’Connor, CEO of Target Group, reiterated the importance of Hole's diverse experience, calling it a clear asset that will drive the company forward. As the financial industry continues to grapple with compliance and risk intricacies, Hole’s leadership may prove critical for Target’s ongoing success.

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Target Group Strengthens Risk Management: Jonathan Hole Named Chief Risk Officer

Target Group Appoints Jonathan Hole as Chief Risk Officer

Four Decades of Experience

Key Responsibilities to Strengthen Risk Management

A Unique Team Approach to Risk

The Future of Target Group Risks

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