Student Loans Chief Executive to leave in December for new post in the Midlands

20 August 2015

The Student Loans Company today (20 August 2015) announced that Mick Laverty has tendered his resignation as  Chief Executive Officer and member of the Board of Directors and will leave the company at the end of December to take up the post of Chief Executive with the ExtraCare Charitable Trust, based in the Midlands.

"We are grateful for Mick’s leadership over the past three years during which he has overseen a successful change programme at SLC. With a strong Executive Leadership Team in place, we are well on course to deliver SLC’s Vision of being a digital, customer-focused centre of excellence," said Christian Brodie, Chairman of SLC. "We wish Mick every success in the next phase of his career."

"The Board and Department for Business Innovation and Skills have approved our corporate and business plan 2015-16, and Mick’s departure does not change that plan. The Company is in a much better position now than it was when he took over and he leaves with the best wishes and thanks of the Board for the future,” Mr. Brodie added.

"I am immensely proud of SLC's achievements over the past three years not least our status as a digital exemplar organisation and our continuing operational improvement which has been widely acknowledged. I am confident that the SLC will go from strength to strength." said Mr. Laverty.

He went on: "I am sincerely grateful for the support I've received from the Board of Directors, BIS and our employees throughout my time as Chief Executive. SLC is well positioned and on a clear path to deliver its Mission and Vision."

SLC and the Department for Business Innovation and Skills will shortly begin a recruitment exercise for this position.