Masthaven ready for 2021 with new hires

Masthaven, the UK bridging loans and development finance bank, has announced new appointments and promotions to enhance both its leadership team and board.

The newly created Chief Information Officer role will be filled by Mark Record, who will be leading Masthaven’s technology, change and business information functions.  He joins from Capita’s financial services arm and has a wealth of experience including a range of CIO roles he held at the Co-op Bank and RBS, as well as serving as an industry consultant.

The role of Chief Operating Officer, held by Simon Furnell, has been expanded to include responsibility for marketing, distribution and products.

David Kennedy has been promoted from Operations Director to the newly created role of Chief Lending Officer.  He will be responsible for all lending activities, both short and long term.

Another new hire is Simon Glass, who has held a number of senior roles in the financial services sector and has joined the Masthaven Board as an independent Non-Executive Director.

Leigh Bartlett, Chief Executive Officer at Masthaven, said: “Masthaven traded robustly through the challenges of the pandemic this year and remains open for business.

“All our colleagues have worked incredibly hard to make sure our customers, and the intermediaries we work with, have access to the right financial solutions and support.

“As the economic impact of COVID-19 continues to affect the UK, the specialist financial services sector will be called upon to provide the products and the credit people needed in order to see them through the other side of the crisis and on the road to recovery.

“These appointments, together with the recruitment of 36 new colleagues since the first national lockdown positions Masthaven well to deal with any uncertainty as we prepare to move into the new year.”

Original article featured here…

These new appointments follow that of Jenna Hill who was made Head of Customer Services and Planning last month, and reflects their ongoing expansion, alongside recent new hires to grow its Servicing & Collections team and securing an additional office in Reading.

Masthaven recently completed a £3.5m bridging loan in just five working days where the funding was required for a London-based customer to repay their existing mortgage and carry out refurbishment work on an £8m property.

source https://commercial-mortgages-broker.co.uk/news/masthaven-ready-for-2021-with-new-hires/