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Our story

"I founded Goldmoney in 2001 with one goal in mind – to provide customers with a better way to store their precious metals. I now have a similar goal for Lend & Borrow Trust – to give customers an alternative choice for their national currencies by securing them with gold and silver bars. After all, everybody wants a choice when it comes to earning interest income." James Turk, Founder
James Turk, Chairman & Chief Executive Officer for Lend & Borrow Trust
 
James Turk, Founder
James Turk has specialised in international banking, finance and investments since graduating in 1969 from George Washington University with a B.A. degree in International Economics. He is the founder and a director of Goldmoney Inc, which since its launch in 2001 has become a leader in online gold trading. In 2015 it listed on the Toronto Stock Exchange (symbol: XAU).

James' business career began with The Chase Manhattan Bank (now JPMorgan Chase). He later managed the Commodity Department of the Abu Dhabi Investment Authority, that country's sovereign wealth fund. He is the author of several monographs and numerous articles on money and banking, with published books including, Social Security: Lies, Myths & Reality (1992), The Coming Collapse of the Dollar (2004), The Collapse of the Dollar (2008) and The Money Bubble: What To Do Before It Pops (2014).
John Butler, Chief Executive Officer for Lend & Borrow Trust
 
John Butler, Chief Executive Officer
John has over 25 years experience in international banking and finance. He joined the Lend and Borrow Trust Company in early 2018 from Goldmoney, Inc, the world's leading fully gold-backed financial services firm, where he was the Head of Wealth Services. He has previously held Managing Director positions at Deutsche Bank and Lehman Brothers, overseeing teams responsible for investment product development and strategy. A California native, John has worked in New York, London and Germany during his financial services career. He is also the author of The Golden Revolution (2012) and The Golden Revolution, Revisited (2017), books exploring the causes and consequences of the 2008 global financial crisis and the implications of gold remonetisation for banking, finance, asset allocation and investment strategy.
Ben Van Der Spuy, Chief Technology Officer for Lend & Borrow Trust
 
Ben Van Der Spuy, Chief Technology Officer
After obtaining his BSC (Eng) Aeronautical degree, Ben joined Accenture in 1994 where he progressed to senior IT project manager over a 10 year period. In March 2004, Ben left Accenture to start his own internet software consulting business, Garlyk Limited, to specialise in the hosting, development and support of complex web based systems. Over the next 12 years, Ben has worked with more than 80 clients across various sectors including financial, pharmaceutical and legal. From 2007 to 2012, Ben was a key member of Goldmoney's technology team and led various projects including the development of systems to support gold-based pension products. Ben has been managing the building and development of Lend & Borrow Trust's online platform since its inception in 2014.
Ziggy Johannsen, Head of Operations for Lend & Borrow Trust
 
Ziggy Johannsen, Chief Operating Officer
With over 27 years of experience in finance, insurance and retail industries, Ziggy is an experienced operations specialist. At Lend & Borrow Trust, she ensures smooth daily operation since May 2014 after working for Goldmoney as Head of Relationship Management.

Prior to that she was the office manager at the luxury motor yacht builder Fairline, Channel Islands. From 1990 to 2007 Ziggy worked for the German social health insurance Barmer Ersatzkasse, where she was responsible for customer service, account management and marketing.
Hazel Turner, Compliance Officer for Lend & Borrow Trust
 
Hazel Turner, Compliance Officer
Following a 20-year career in the financial services industry, Hazel joined Lend & Borrow Trust in October 2014. Based on her experience, regulatory background and extensive knowledge of financial services regulation, she was appointed as Compliance Officer when Lend & Borrow Trust was authorised by the Financial Conduct Authority (FCA) in March 2017. Hazel ensures that Lend & Borrow Trust conducts business in full compliance with all laws and regulations applicable to its consumer credit activities.
Tania Hampton, Head of Customer Relationships & Marketing for Lend & Borrow Trust
 
Tania Hampton, Head of Customer Relationships & Marketing
Joining the Lend & Borrow Trust team in May 2017 and with over 10 years’ experience in customer relations, hospitality and account management, Tania ensures our customers receive the highest level of communication and support. As our Head of Marketing Tania also oversees the implementation of all LBT Marketing strategies.

Prior to joining LBT, Tania was the business centre manager for a European Regional Development Fund project based in Cornwall where she was responsible for customer relations, event management and marketing.
Stephen Richardson, Non-Executive Director for Lend & Borrow Trust
 
Stephen Richardson, Non-Executive Director
With a career spanning more than four decades, Stephen has an accomplished track record in financial services globally. Most recently, Stephen joined the board of Harpenden Building Society in January 2014 and was appointed Chairman in June 2016. Until July 2013 Stephen was Global Head of Wealth Management at the World Gold Council, the trade body for gold mining companies, covering China, India, Europe and the USA. During 2006 and 2007 he advised the CEO of the Irish Post Office on the creation in Ireland of a new joint venture bank with Fortis. Prior to that from 2001 to 2006 he was COO of BNY Mellon Europe. From 1996 to 2001 he was CEO of Save and Prosper and then CEO of banking for the Flemings Group before its acquisition by Chase Manhattan Bank, which subsequently merged with J.P. Morgan. He joined Barclays Bank in 1974, leaving in 1996 after having undertaken several senior executive roles.
Andrew McGowan, Chief Financial Officer for Lend & Borrow Trust
 
Andrew McGowan, Business Development
Andrew qualified as a Chartered Accountant with Coopers & Lybrand (now PwC) and then spent over 15 years in roles covering audit, consulting and business development with various institutions including Flemings, JPMorgan Chase and EFG Hermes. He joined Goldmoney in 2006 and headed up the Business Development function until December 2013. As a key member of the Goldmoney team that grew the business from customer assets of less than $100 million to $2.3 billion by 2011, Andrew established a network of trading counterparties and vaults across Canada, Hong Kong, Singapore, Switzerland and the UK as well as managing the development of new products. Andrew co-founded Lend & Borrow Trust with James in 2014.
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