Ian Larkin appointed CFO of Target Group, enhancing financial services expertise - Global Banking & Finance Review
The image features Ian Larkin, newly appointed CFO of Target Group, a key figure in financial services outsourcing. His leadership aims to drive Target's growth amid regulatory changes.
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TARGET GROUP APPOINTS IAN LARKIN AS CFO

Published by Gbaf News

Posted on December 2, 2014

2 min read

· Last updated: December 7, 2018

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Ian Larkin Appointed as Target Group CFO

Target Group, the financial services outsourcing and software provider, has announced the appointment of Ian Larkin as Chief Financial Officer (CFO).  Ian brings over 20 years of financial services experience to Target. Ian will also act as a Director of a number of the Group’s regulated companies, subject to FCA approval.

Ian Larkin’s Financial Services Background

Originally from Dublin, Ian has worked in leadership roles across Lloyds Banking Group for 8 years, most recently as MD of Lloyds Commercial Finance, the UK’s largest asset-based lender, and previously as MD of Lloyds Consumer Banking where he led the end-to-end overhaul of the digital banking proposition and infrastructure across the Group. Before joining Lloyds Ian spent 3 years as CFO at Virgin Money and 4 years at McKinsey.  Ian has a first class Degree in Chemical Engineering from University College Dublin, an INSEAD MBA and is a Fellow of the Chartered Institute of Management Accountants

Ian Larkin Shares His Vision for Target Group

Ian Larkin, Chief Financial Officer at Target Group, says:

Ian Larkin

Ian Larkin

“Target Group has always had a strong reputation in the financial services industry and recently it has really started moving up through the gears.  In an environment of regulatory change and macroeconomic uncertainty financial services providers are looking to proven outsource partners to play an increasing role in their business model.  Target has aggressive growth plans and has put an impressive infrastructure in place to achieve those aims.  Helping Target help its clients succeed is a major reason I have joined the firm and I look forward to contributing to the company’s next phase of expansion.”

CEO Paddy Byrne on the Appointment

Paddy Byrne, Chief Executive Officer at Target Group, says: 

“Ian has vast experience of the areas we operate in and is extremely well qualified to serve as Target’s CFO. His leadership experience complements our already strong executive team and will be invaluable as we continue to drive our strategic and financial business transformation.”

Key Takeaways

  • Ian Larkin, with over 20 years in financial services, has been appointed CFO of Target Group.
  • He has held leadership roles at Lloyds Banking Group, Virgin Money, and McKinsey prior to this appointment.
  • His appointment includes serving as a Director in regulated entities, pending FCA approval.
  • Larkin joins amidst Target Group’s aggressive growth strategy and infrastructure ramp‑up.

References

Frequently Asked Questions

Who is Ian Larkin?
Ian Larkin is a finance executive with over 20 years’ experience across Lloyds Banking Group, Virgin Money, McKinsey, now appointed CFO of Target Group.
What roles did he hold previously?
He served as MD at Lloyds Commercial Finance and Lloyds Consumer Banking, CFO at Virgin Money, and worked at McKinsey.
What will he do at Target Group?
He will serve as CFO and a Director of several regulated companies, subject to FCA approval, supporting the Group’s aggressive growth plans.
What does the appointment signify for Target Group?
This underscores Target Group’s focus on financial leadership and execution of its strategic and financial transformation.

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