Octopus Property appoints Sean Deacon as Head of Core Credit

London, 16 January – Specialist property lender Octopus Property, part of the Octopus Group, announces the appointment of Sean Deacon as Head of Core Credit, effective immediately, to support the Company’s ongoing growth through its unique Lifecycle Lending proposition.

An industry veteran with over twenty years’ experience of working in credit and risk, Sean will be responsible for ensuring the credit team maintains its high level of underwriting and excellent customer experience delivery, while helping support the Company in its ambitions to grow its loan book to over £1bn during 2018.

Sean joins from Amicus Plc, where he was Group Head of Credit. Prior to this he held senior roles at Harrods Bank, Dollar Financial, Credit Suisse and UBS AG, managing UK and International teams covering property related lending for the residential, commercial and development sectors.

Octopus Property has doubled its origination volumes over the past 24 months, launching a number of new products as part of its Lifecycle Lending proposition, whilst increasing the size of its team from 40 people in January 2017 to more than 60 today.

Commenting, Mario Berti, CEO of Octopus Property, said:

“Sean has an impressive track record for managing credit risk which, together with his deep real estate sector experience, will support us in meeting our ambition to grow our loan book to over £1bn, whilst helping drive the wider business with change and transformation. We are excited to have him join our first class team and look forward to working with him to deliver on our target of becoming the leading provider of specialist property finance in the UK.”

Sean Deacon, pictured, added:

“I have been watching Octopus Property from the side-lines and am excited to have joined a market leader which truly understands that the customer experience is the key to business success, and I look forward to working with the business to realise its growth ambitions.”

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