Directors

The work of the Credit Union is overseen by a Board of Directors who are elected from among our membership. Their responsibilities include setting the credit union’s strategy, approving business plans, ensuring we meet our legal and regulatory responsibilities, and supporting the Chief Executive Officer.

As a credit union, all our directors are unpaid volunteers. The one exception is the Treasurer, who, with the approval of members, receives an honorarium in recognition of their additional responsibilities. Being a director is a significant commitment, and we are grateful to them all for their time and dedication.

Lakshman Chandrasekera

Lakshman Chandrasekera

Chief Executive Officer

I have been managing the London Mutual Credit Union since 1993 and have extensive experience in setting up products, processes and procedures.

I was instrumental in the successful mergers of six local credit unions and oversaw a technology transformation on the implementation of a new core banking platform in 2016. Our vision for the credit union is to offer an increasing range of quality products and services and to introduce the new technological changes that empower our membership.

Richard Cooper

Richard Cooper

President & Risk Committee

I bring a wealth of experience gained from my background in banking and in the legal profession. I am currently serving as an in-house lawyer at Shawbrook Bank but previously has worked in the legal departments of a number of lenders including Lloyds Bank.

I am a practising solicitor for over 20 years with a background in secured corporate lending, mainly property, shipping and aircraft finance. 

Louis McLeod OBE

Louis McLeod OBE

Treasurer & Audit & Risk Committee

I am currently a Director for a large national charity and has been there since 1996. It has given me an extensive experience in management and finance.

My experience includes Accounts, Banking, Administration and Asset Management. I have been working at various levels in the Credit Union industry over the past 30 years and served as a Director for Association British Credit Unions.

Heather Harris

Heather Harris

Secretary & Anti Money Laundering Officer

I am a Manager in the Revenues & Benefits Department of Southwark Council for over 30 years, dealing with Welfare Benefits, Reform and Social Inclusion. I have been a Trade Union Steward for over 20 years and have over 10 years’ experience with the Credit Union.

I have a keen interest in financial inclusion and Mortgage Lending and have undertaken various mortgage underwriting training.

Lord Kennedy of Southwark

Lord Kennedy of Southwark

Non-Executive Director & Audit Committee

I have been a member of the House of Lords since 2010 and am presently Shadow Minister for Communities and Local Government. I am long term supporter of credit unions and chair of the Credit Union Foundation.

Previously I served as a member of Southwark Council holding a variety of posts including the deputy leader of the council.

 

Jemma Thomas

Jemma Thomas

Non-Executive Director - Marketing

I am a marketeer and digital content expert, experienced in delivering the best possible customer experiences while driving brand engagement. I’m a strategically and analytically minded individual with diverse skills and experience working with a number of well-known brands across the financial and professional services industries.

My professional experience has resulted in the skills, experience and training to identify opportunities for change and improvement and to drive these ideas to successful implementation.

Albert Marshall

Albert Marshall

Non-Executive Director

I am a lawyer and technology executive with over 20 years’ post-qualification experience. Extensive experience in-house in multinational organisations, particularly in the software and entertainment industries, covering a broad range of commercial law, in particular technology, intellectual property, entertainment, international distribution, marketing operations and related regulation.

Qualified as a barrister. Experience founding and running own business. 

Dr Floyd Millen

Dr Floyd Millen

Non-Executive Director & Audit Committee

I am an experienced policy, privacy, professional with a strong background in policy and stakeholder engagement in education, as Head of Operations at the Careers and Enterprise Company: in welfare reform, working on Flexible New Deal and the Work Programme; in home affairs and politics, in my role as a council of the Hansard Society and as a former Policy Adviser to the Metropolitan Police Authority (MPA) on detention &  ‘Custody Visiting’.

Michael Lynch

Michael Lynch

Non-Executive Director - Marketing

Head of Commercial Innovation and Marketing at NS&I. I have over 25 years Financial Services management experience. A chartered Fellow of the Chartered Institute of Marketing, I have an MSc in strategic marketing and I lecture in marketing, strategy and digital strategy.

I am a Cranfield University Programme Advisory Board member for marketing as well as a member of the Market Research Society and the Public and Commercial Services Union (PCS).

 

Michael Cook

Michael Cook

Non-Executive Director

I Have served over 36 years in the RAF Regiment where I fought in 6 conflicts including the Falklands war. My career took me to austere locations where leadership and management were life-saving. Leaving the service, I started a consultancy where I and my business partner help and advise companies tender for MOD contracts.

I have a MSc in Leadership and Management.  I have recently attained a good understanding of recognising and writing risk registers. I still maintain close ties with Armed Forces personnel both serving and non-serving in throughout the world.

Bridget Vaughan

Bridget Vaughan

Non-Executive Director

I am a Chartered Management Accountant (ACMA) with 25 years of experience, and specialise in accountancy and business training. My tuition and lecturing responsibilities include leadership of the business programme at Lambeth College and as an AAT examinations marker. I have also served as a school governor.