Current non-executive and executive members of the company board.

Non-Executive Chair


Christian Brodie

Non-Executive Chair

Christian (Chris) Brodie was appointed Chair of the Student Loans Company in February 2014. He has a wealth of experience in business, international finance, higher education and working closely with Government departments

After reading law at Oxford University, Christian took on legal roles in corporate finance in the City of London and on Wall Street. He subsequently joined the financial services industry where his career progressed to Vice Chairman of UBS Investment Bank, reporting to the Chief Executive. Christian is currently the Chair of the Council of the University of Sussex, the Public Chairs Forum, the Council of UCAS, and Pentathlon GB.

As well as holding directorships in a number of private companies, he is Chair of the South East LEP and a member of the Boards of UCEA, the Financial Sustainability Group of HEFCE, and the Greater Anglia Stakeholders Advisory Group. He is also Chairperson of a Private Property and Investment Management Company.

Non-Executive Directors


Antonia Cox

Non-Executive Director

Antonia Cox joined SLC in March 2016. Her initial career was as a newspaper correspondent, leader writer and policy adviser.

She is currently a Westminster City Councillor and co-founder of Marylebone Boys' School, a Department for Education-funded boys' secondary.

Antonia’s role working with the Department and as a Councillor has given her experience in governance, scrutiny and strategic oversight.


Simon Devonshire

Non-Executive Director

Simon Devonshire joined the Student Loans Company in March 2016. He has worked for a number of prestigious corporate businesses across a diverse range of industries – from fmcg (Heinz, Spillers); travel (Thomas Cook) retail (The Post Office, Total petrol); and telco (Virgin Media, O2).

He ran the B2B division of O2 UK for five years; leading a team of more than 1,000 people; accountable for over €1bn revenue pa. Simon also helped create several start-ups, including the world’s first lending and borrowing exchange, and the social enterprise One Water.

Simon has a portfolio of business interests including being the Entrepreneur in Residence for the Department for Business, Innovation and Skills.


Natalie Elphicke

Non-Executive Director

Natalie Elphicke joined the Student Loans Company in March 2016. She is Chief Executive of The Housing & Finance Institute. She is a qualified barrister and solicitor and former international law firm partner.

She is an experienced non-executive director specialising in audit and risk committees. Natalie chairs the Board Risk Committee at a large building society, a senior financial services board responsibility. In 2014/2015 Natalie Elphicke led the UK Government’s Elphicke-House review jointly for HM Treasury and DCLG. She currently sits as an expert advisor to the UK Government’s Heseltine-Lewis Estate Regeneration Panel.

Natalie received an OBE in the Queen’s Birthday Honours 2015. Natalie Elphicke brings experience of good governance, structured finance, consumer finance and risk management to bear on this role.


David Gravells

Non-Executive Director

Mr. Gravells’ joined the SLC is March 2016. He currently chairs Northern 2 VCT plc a listed venture capital trust providing capital to developing businesses. For many years he has been involved in executive roles, and consultancy and mentoring activities, assisting the senior management of a range of enterprises to move to the next stage of their growth. He has made significant personal investments in a number of businesses. These have included the CBC Group (food services), Stray FM (local radio), The Greetings Store Group (retail), Airedale Group (commercial kitchen and restaurant planning, design and supply), Yeomans Investments (retail).

Mr. Gravells is currently Chair of the Governors of the Grammar School at Leeds, and until recently he was also the Chair of the Association of Masters in Business Administration International Accreditation Board. A justice of the Peace on the North Yorkshire Commission, he was Chairman of the Harrogate magistrates Bench. He was Chair of the Dean’s Advisory Board and Visiting Professor at Durham University Business School.


Sally Jones-Evans

Non-Executive Director

Sally Jones-Evans joined the SLC Board in March 2016. She is a retail banker by profession, with a focus on customer service excellence through all channels: the branch network, telephone banking, internet banking, brokers and collections.

She is currently a Non-Executive Director of the Principality Building Society where she chairs the Remuneration Committee and serves on the Customer & Conduct Risk Committee, and serves on a Financial and Professional Services Sector advisory panel to the Minister for the Economy in the Welsh Government. She is also a Non-Executive Board Member at the Department for International Development (DFID), and serves on their Audit and Risk Committee.

Sally has previously held Board appointments of a number of not for profit charities, sport and industry bodies.

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Executive Leadership Team


David Wallace

Acting Chief Executive and Chief Customer Officer, Executive Director Product Development and Digital Customer

David Wallace is currently Acting Chief Executive and Accounting Officer at the Student Loans Company. David joined the Company in March 2010, has been Deputy Chief Executive since 2011 and held the position of Interim Chief Executive from December 2015 to June 2016. As SLC's Chief Customer Officer David is responsible for the Product Development and Digital Customer Directorate.  His current portfolio includes Planning and Policy, Product Management, Service Design, Partner Services, Digital Delivery, Customer Insight, User Experience, Marketing and Customer Relations.

Before joining the SLC David held a number of senior positions within Abbey National plc and was Chief Operating Officer for Santander's Insurance and Asset Management Division.

A Chartered Accountant, David served as a Governor of Court at Glasgow Caledonian University and Chair of its Finance and General Purpose Committee.


Derek Ross

Executive Director Operations

Derek Ross joined the Student Loans Company to establish an in-house legal function in 1999. He was appointed to the Executive Board in 2003 and since then has held a number of executive roles and played a key part in many of the initiatives that have seen the SLC grow and develop into its current role.

Currently Director of Operations, Derek has responsibility for the Company's largest directorate with staff at three sites in Glasgow, Darlington and Llandudno Junction. Derek's team is responsible for the successful payment of student loans and grants to more than 1.6 million students every year and tuition fees to more than 600 Higher Education Institutions in England and Wales.

Before joining SLC, Derek was a practising solicitor for 15 years. He holds a law degree from the University of Strathclyde, and an MBA with distinction from the University of Glasgow.


Chris O'Connor

Executive Director ICT / Chief Information Officer (interim)

Chris has held a range of executive level posts within the public and private sector and has delivered a number of complex technology programmes.

Chris is responsible for providing corporate and portfolio leadership to service our customers and the operation by providing a dynamic digital service, technical platform and change capability, to ensure delivery and completion of the Student Loans Company’s business objectives and Transformation Programme.


Paul Mason

Executive Director Repayments & Counter Fraud

Paul Mason joined the Student Loans Company as Executive Director of Repayments and Counter Fraud in January 2015. His focus is on the delivery of a secure and accurate Repayments service for our six million customers in over 200 countries.

He and his team are also responsible for managing the student loan book and facilitating future loan sales and securitisations for HMG, in addition to ensuring that SLC has a robust counter fraud and debt recovery capability.

Before joining the Student Loans Company, Paul was Director of Operational Strategy for Saga Group PLC. He has spent 20 years in senior roles within financial services sales, service and credit management.

Paul is a volunteer mentor to young companies on behalf of the Prince's Trust - Youth Business Scotland.


Bernice McNaught

Executive Director Change & Programmes

Bernice joined Student Loans Company in February 2016. She leads the Change and Programmes Directorate.

Her responsibilities include delivery of the change portfolio, the definition and implementation of operational excellence within SLC, alongside enabling methods and tools.

Previously, Bernice was a Director with Deloitte MCS where, as a business transformation consultant, she led programmes of change across the private sector on behalf of clients.


Mike Blackburn

Chief Financial Officer / Executive Director for Finance, Commercial and Estates (interim)

Mike is a chartered accountant who has held a number of senior posts within the public sector on an interim basis. Functional areas covered during the last 20 years include finance, procurement, estates and IT.

Mike is responsible to the CEO, the Board and the parent Department for the overall financial and commercial integrity and performance of the Student Loans Company. To fulfil these responsibilities, he leads a team that plays a key role in the proper planning, monitoring, governance and reporting of the Company as a major central UK government body. This work includes ensuring that public money is safeguarded at all times and is used appropriately in a way designed to deliver best value to the taxpayer.

Company Secretary


Gary Womersley

Company Secretary & SIRO

Gary Womersley was appointed as Company Secretary in December 2015, having previously carried out the roles of Senior Manager - Legal & Compliance and Head of Legal & Corporate Services. As well as being SLC's Governance lead, Gary's role also includes responsibility for Legal & Compliance, Internal Audit, Corporate Risk, Pensions and Information Security Assurance. As Company Secretary, Gary is also a member of the SLC Board.

Prior to joining SLC, Gary has held various senior legal and management roles, in both public and private sectors, including SEPA Corporate Solicitor, Head of Public & Regulatory Law at Legal 500 leading firm Bellwether Green and Chief Executive Officer at Waterwatch Scotland, the customer service regulator and ombudsman for the water industry in Scotland. Gary has also held various senior non-executive roles, including Ministerial appointments, always with an emphasis on governance, scrutiny, regulation and compliance.

Gary is an enrolled Solicitor, Notary Public and Writer to Her Majesty's Signet.Back to top