Summary
Overview
Work history
Education
Skills
Websites
Accomplishments
Custom
Timeline
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Richard Truett

Weybridge,Surrey

Summary

Accomplished professional with expertise in strategic programme management, regulatory compliance, and risk assessment techniques. Demonstrates proficiency in scheduling programme delivery, stakeholder engagement, and C-suite advisory to drive technology and digital transformation initiatives. Skilled in operational resilience, governance, financial structuring, and asset management to optimise revenue growth and cost efficiency. Adept at setting programme objectives, delivering agile projects, and ensuring adherence to GDPR regulations while providing comprehensive board and external funder reporting. Committed to advancing organisational success through innovative solutions and robust operational strategies.

Overview

13
13
years of professional experience

Work history

Senior Programme Manager

London Marathon Group
City of London
01.2022 - 01.2024
  • Reporting directly to the CEO, led strategic planning, technology transformation, enterprise-wide programme initiatives including:
  • Digital Transformation Management of high-profile projects. Data monetisation, Mergers & Acquisitions, and Operational efficiency. Increased YOY revenues by £1.3m. Operational cost savings of £880k through full audit of UK supplier contracts.
  • Enterprise Strategy Secured executive approval for a five-year enterprise strategy, aligning commercial, digital, and operational goals.
  • RFP Directed a global RFP process for new registration system under short timescales, integrating Data, Information technology CRM, Marketing functionality achieving world record mass participation events (2023).
  • Acquisitions Formulated acquisition pipeline post-acquisition integration of Brighton Marathon, Bath Half Marathon,Coopah training app.
  • Chaired IT & Event Steering Committees, ensuring GDPR, regulatory compliance, operational scalability.
  • Thought Leadership Presented at Global Leaders in mass participation sport summit on innovations in audience engagement following successful testing of elite athlete tracking device.
  • Established robust monitoring systems for tracking progress against milestones deliverables 14 events
  • Utilised project management tools effectively for better tracking and reporting.(Monday.com We track)
  • Managed PMO allowing cross-functional team to deliver complex programmes on time within budget.
  • Developed strategic plan for programme implementation, resulting in smooth execution.
  • Monitored project budgets, scrutinising expenditures and recommending cost-effective measures.
  • Collaborated with senior stakeholders, external partners, influencing direction in complex environments.
  • Led transformation programmes, establishing clear vision and standards for success.
  • Consulted with C-level executives, influencing high level decision-making.
  • Managed relationships with key stakeholders, ensuring satisfaction throughout programme lifecycle.
  • Implemented risk mitigation plans proactively, minimising impact on project timelines and budgets.
  • Utilised project management tools effectively for better tracking and reporting.
  • Led cross-functional team to deliver complex programmes on time and within budget.

Interim Head of Business

Route Finance
City of London
01.2020 - 01.2022
  • On boarded by business owner to develop strategies for financial re-structuring, and risk mitigation, across distressed assets. Full audit on complex transactions, leading high-impact teams, and executing strategies to protect investor capital and drive long-term value pre, during and post Covid.
  • Project Management & Team Leadership. Appointed legal, valuation, and administration teams across 14 UK projects (land banks, greenfield and brownfield sites in residential, education and mixed-use schemes), ensuring cross party agreement on objectives to protect returns.
  • Financial Compliance & Asset Preservation. Reviewed propositions to mitigate financial risks in accordance with FCA Regulations, Insolvency Act 1986, Anti-Money Laundering (AML) & Proceeds of Crime Act 2002, GDPR & Data Protection Act 2018.
  • Commercial Agreements & Financial Optimisation. Restructured commercial agreements for company board to enhance financial outcomes and drive value for stakeholders.
  • Financial Modelling & Underwriting Decision Making. Provided alternative financial solutions to preserve asset value, safeguarding critical investments. Managed financial modelling and data-driven acquisition decisions, providing revised underwriting for new projects.
  • Process Innovation & Leadership. Championed communication strategies to counter negative sentiment across investors.
  • Enhanced portfolio value with proactive asset management strategies.
  • Coordinated with team members for effective portfolio management strategies.
  • Developed risk management strategies for portfolio protection.

Head of Propositions

NatWest Commercial Banking
01.2015 - 01.2020
  • Strategic leadership of banking propositions, digital enablement, and customer experience including:
  • Optimised Revenue Streams – Identified the most profitable customer segments and products, enabling banks to allocate resources more effectively and enhance revenue generation.
  • Cost Efficiency & Risk Reduction – Identified underperforming products and inefficiencies, leading to streamlined operations, reduced cost-to-income ratios, and improved risk management.
  • Data-Driven Growth Strategies – Leveraged analytics to refine pricing, cross-sell opportunities, and digital transformation initiatives, driving customer engagement and long-term value creation.
  • Deputy chaired product risk committees, supporting CEO-led governance.
  • Developed expertise in competitor analysis contributing towards formulation of unique selling propositions that attract more quality leads.
  • Crafted unique value propositions for differentiation in the competitive landscape.

Director of Transformation

Williams & Glynn (RBS EU Divestment)
01.2014 - 01.2015
  • Recognised and appointed from a pool of 6 senior management talent to shape and execute strategy and transformative initiatives to create a brand-new competitor to RBSG.
  • Led the strategic roadmap development for a new challenger bank spin-off from RBS and successfully guided a cross-functional team in preparing for IPO execution.
  • Change Leadership – Provided guidance on large-scale transformations, manage organisational change, and embed new ways of working across different functional areas and diverse teams.
  • Key member of negotiating team for regulatory compliance and operational framework approvals, ensuring alignment with business objectives.
  • Used market and strategic analysis to craft compelling technology strategies that foster agility in the face of a rapidly evolving banking landscape.
  • Operational Resilience – Understanding of risk management, cybersecurity, disaster recovery, and business continuity planning, ensuring resilient and secure systems.
  • Enhanced competitive positioning by developing robust transformation strategies.
  • Led cross-functional teams in implementing business transformation projects.
  • Led successful business transformation by implementing strategic change initiatives.

Director of Strategy

NatWest (Commercial Banking Board)
01.2013 - 01.2014
  • Led business growth and operational improvements in Commercial banking. Used data analysis and qualitative research to advise the board and senior leadership to implement performance enhancing change. Delivered revenue growth and profitability improvements through strategic planning, risk management, and talent development.
  • Strategic Growth Gained approval from Commercial Banking board for sustainable growth initiatives across 14 sectors.
  • KPI formulation to align and monitor the effectiveness of approved strategies across financial, risk, customer and innovation objectives, improving ROE from 11.9% to 13.1% over 48 months.
  • Risk and Compliance Supported by risk legal and credit functions developed and implemented risk and compliance frameworks to ensure long-term business sustainability.
  • MD Performance Reviews Supported CEO with regional MD annual performance reviews, providing BBS (balanced business scorecard) insights aligned to commercial banking KPI's.
  • Annual Senior leadership Strategy Conference Delivered annual senior leadership group strategy conference enhancing cross-functional collaboration and alignment.

Head of Strategy & Implementation Real Estate

NatWest
01.2011 - 01.2013
  • Undertook detailed analysis of Risk Weighted Assets to improve ROE leading to the de-leveraging of £10.6bn in non-core assets within 20 months.
  • Target Operating Model Designed and implemented a new Target Operating Model TOM post deleverage activity.
  • Optimised Portfolio & Capital Efficiency – Aligned asset strategies with risk appetite, reducing capital allocation inefficiencies and enhancing return on assets (ROA).
  • Enhanced Risk Management & Compliance – Implemented robust governance, ensuring regulatory alignment and mitigating risks across property-backed lending and investments.
  • Operational Agility & Digital Integration – Streamlined workflows, enhances data-driven decision-making, and developed options for PropTech solutions to improve customer experience and portfolio performance.
  • Earlier career highlights available on request including Relationship Director NatWest, Business Development Director ICC credit underwriting, Consultant Craven Property Services Fashion Model Storm Model Agency.

Education

BSc (Hons) - Estate Management

Greenwich University
London

MBA - Master of Business Administration

Kingston Business School
London

Exec Leadership Programme - Merger and Acquisition

Imperial College London
London
01/2023 - 06/2023

Skills

  • Strategic Programme Management
  • Scheduling programme delivery
  • Regulatory Compliance & Risk
  • Stakeholder Engagement & C-Suite Advisory
  • Technology & Digital Transformation
  • Operational Resilience & Governance
  • Financial Structuring & Asset Management
  • Revenue Growth & Cost Optimisation
  • Risk assessment techniques
  • Knowledge of GDPR regulations
  • Board and external funder reporting
  • Setting programme objectives
  • Agile project delivery

Accomplishments

  • World record for mass participation sports events (680000 2023, 886000 2024 London Marathon)
  • Gold standard Sustainability Council for Responsible Sport
  • Founder Lakeland 214 Wainwright challenge (£41k raised for Cancer Research UK)
  • Achilles – Hallmark Entertainment The Odyssey

Custom

  • London Marathon
  • UTMB/Iron Man
  • Paris Olympics
  • Ride London
  • Swim Serpentine
  • Big Half
  • Stafeten Lindingolppet
  • Dell Corporate Challenge
  • Standard Chartered Great City Race
  • Dubai 7's
  • Lakeland 214

Timeline

Senior Programme Manager

London Marathon Group
01.2022 - 01.2024

Interim Head of Business

Route Finance
01.2020 - 01.2022

Head of Propositions

NatWest Commercial Banking
01.2015 - 01.2020

Director of Transformation

Williams & Glynn (RBS EU Divestment)
01.2014 - 01.2015

Director of Strategy

NatWest (Commercial Banking Board)
01.2013 - 01.2014

Head of Strategy & Implementation Real Estate

NatWest
01.2011 - 01.2013

BSc (Hons) - Estate Management

Greenwich University

MBA - Master of Business Administration

Kingston Business School

Exec Leadership Programme - Merger and Acquisition

Imperial College London
01/2023 - 06/2023

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Richard Truett