Thomas Cook creates new financial services role
Thomas Cook has appointed Anthony Mooney to the newly created role of chief financial services officer.
The former Virgin Money director of financial services will be responsible for Cook’s group-wide financial services products, including travel insurance, pre-paid travel money cards and Thomas Cook’s direct debit payment offering.
The Group said his appointment marked further progress in its ambition to grow sales of travel- related services that add value to customers’ holiday experiences.
"In the past year, Thomas Cook has put a renewed focus on its financial services offering, and was one of the first providers in the UK to launch a multi-currency prepaid travel money card – Thomas Cook Cash Passport," it said in a statement.
"It is the first tour operator to offer payment by direct debit online in the UK, allowing customers easily to spread their holiday payments over the pre-departure period."
Mooney will join the business on March 1, 2017 and will sit on the company’s Group Management Committee. He will report to Group chief financial officer Michael Healy.
Chief executive Peter Fankhauser said: "It’s clear that Thomas Cook has an opportunity to offer more holiday-related products and services to customers who value the trust and heritage that comes with our brand.
"Anthony has strong experience in developing financial services products, and his appointment is a signal of our ambition to grow this area of the business."
Mooney added: "I am very excited about the opportunity which exists for financial services at Thomas Cook. With the strongest brand in the sector, we have an opportunity to develop the financial services offer and help make travelling with Thomas Cook even easier."
Linsey McNeill
Editor Linsey McNeill has been writing about travel for more than three decades. Bylines include The Times, Telegraph, Observer, Guardian and Which? plus the South China Morning Post. She also shares insider tips on thetraveljournalist.co.uk
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