Welcome to Jim Islam as our new CEO later this year
We will be pleased to welcome Jim Islam as our new CEO later in the year, subject to regulatory approval.
Having made a huge contribution to the organisation over the last seven years, with the last three and a half as CEO, Teddy Nyahasha will be stepping down. We wish him all the best for the future.
Jim has been Chief Financial Officer (CFO) and a member of the Board of Directors since 2020. While his move into the role of CEO will mark the start of a new phase of OneFamily’s journey, Jim will keep building on our strong foundations and progress made over the last few years, with his beliefs and values already aligned with OneFamily’s.
Since qualifying as an actuary, Jim has gained more than 20 years’ leadership experience in insurance, investment management, savings and pensions.
"I am honoured to be given the opportunity as the new CEO at OneFamily, especially at such an exciting time for the organisation.
"I’m looking forward to working with the Board and with my colleagues to build on our strong foundations and accelerate OneFamily onwards and upwards.
"With our recent acquisition of Beagle Street, big investment in our IT infrastructure and our 50th anniversary on the horizon, it’s a pivotal time to be part of OneFamily and I’m excited for the future."
Jim Islam
Jim’s goal as CEO is to make the most of the opportunities OneFamily has coming its way, especially with the modernisation of our computer systems and the acquisition of Beagle Street. Looking at the bigger picture, helping more people build financial resilience will remain at the heart of everything the organisation does.
"It’s been my pleasure to lead this business over the past three and a half years.
"Jim and I have worked closely together during this time and he’s fully invested in moving OneFamily forwards in its growth trajectory and shares my commitment to our mutual values and social purpose.
"I am confident I’ll be leaving the business in the best possible hands."
Teddy Nyahasha, OneFamily CEO 2020-2023
Philippa Herz will step into the role of CFO (subject to regulatory approval). Philippa is a qualified actuary and has been Chief Risk Officer at OneFamily for seven years.
Find out about our outgoing CEO's work:
Could Consumer Duty help release savings that are strangled with red tape?
Consumer Duty may not always work in the best interests of young people who don’t have mental capacity to access their own child trust funds.
Breaking down the barriers to financial inclusion
We’re a socially responsible company, so we’re here to serve the underserved - the people who aren’t always seen as being profitable by other organisations.
Live authentically and sparkle everyday
This year’s Brighton & Hove Pride celebrated the trailblazers who have fearlessly campaigned for change over the last five decades.
Financial inclusion – simple products and education
Complex products, high minimum monthly payments and high opening balances aren't designed for smaller savers. How can we be more inclusive?