Thursday, October 18th, 2012
Target Group, parent company of Target Harlosh has appointed Paddy Byrne as CEO of the Group. He will also join the Board of Target Servicing Limited (subject to UK Financial Services Authority approval).

With more than 20 years' experience in senior management roles, Paddy brings a strong track record of business development and growth to Target Group.

Paddy was the Head of the UK region for Xchanging plc, the business process and technology services provider and integrator. In this capacity he had responsibility for a business with over £450m in revenues and 2500 employees and was a member of the Executive Board. His responsibilities covered outsourcing services such as HR, IT, Procurement and complex back office processing for Financial Services to a blue chip client base. He was also responsible for Xchanging’s Insurance Software business. Paddy began his career at Xchanging as Head of Technology Services where he achieved significant growth. Paddy joined Xchanging from HM Revenue & Customs (HMRC) where he was Business Solutions Director and a member of the Technology Board prior to that he worked at QBE European Companies Operations Limited where he was CIO.

Paddy has been a member of a number of CIO advisory boards for major IT vendors and was on the board of CIO-Connect the preeminent affinity group for CIOs in the UK.

James Rudolf, currently Group Managing Director, will move to Deputy CEO with responsibility for the Sales, Commercial and Corporate Development activities for the Group as it looks to take advantage of the growing market for outsourced financial services. James Snow will become Sales & Marketing Director and report to James Rudolf.

Richard Houghton, Chairman, said, "Paddy brings a wealth of highly relevant market experience to our business of financial services software and business process outsourcing. His vision and track record of business growth will provide additional impetus to our vision of being the leader in our market of financial services software and services."

Target Group employs 600 people across the UK, Australia and New Zealand.

Contact Profile

Target Harlosh

Target Harlosh with its head office in Auckland and offices throughout Australia, provides agile business insurance solutions.

Target Harlosh, has built up a significant business over the past 10 years to service clients including Medical Assurance Society and TOWER Limited in New Zealand and NFU Mutual in the UK.

The InsuranceFaces (IF) family of solutions –IF Channel and IF FullCycle - enables clients to differentiate product offerings, streamline business processes, and quickly and efficiently implement new products and channels to market.

For further information about Target Harlosh, please visit
Jo Ramsay
P: +61408020111

Target Group

About Target Group Target Group Limited is an expert provider of financial software solutions and business process outsourcing to lenders, banks, portfolio owners, general insurers and finance brokers. 25% of the world’s top 20 global banks use Target Group’s software and services to manage their lending and investment portfolios. Target Servicing Limited is the business process outsourcing subsidiary of Target Group. It provides specialist third party outsourcing services to banks and portfolio owners and has an ‘Above Average’ servicer rating from Standard & Poor’s. Target’s client base includes companies such as Credit Suisse, Barclays, Bank of America Merrill Lynch, NFU Mutual, LV= and AA Financial Services. Target Group employs over 600 staff in offices across the UK, Australia and New Zealand. Its headquarters are based in Cardiff, UK. It has over 30 years’ experience in providing software and services that help companies in the financial services and insurance markets achieve competitive advantage in areas such as consumer credit and loans processing, investment portfolio back-office administration, general insurance, customer services and arrears management. For further information about Target Group, please visit



Paddy Byrne, Target Harlosh, Harlosh, appointment



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