Relendex announces appointment of new sales director

By Bridging Loan Directory 28th January 2019

Relendex, the leading Peer-to-Peer (P2P) lender specialising in the UK property market, has announced the appointment of Fintan O’Riordan as Director of Lending.

Mr O’Riordan joins Relendex from Paragon Bank, where he was Head of Development Finance, responsible for the formation of a new lending team. He is an experienced property banker having spent over a decade at Nationwide in addition to senior lending roles at Bradford & Bingley and Barclays. During his time at Paragon, Mr O’Riordan was responsible for driving significant growth within the team and enhanced the firm’s geographical reach in the Midlands and the North as well as increasing provision in London and the South East.

This new appointment follows a series of new hires for Relendex including new Commercial Director, Paul Sonabend, new Business Development Managers and a new underwriter as Relendex continues to build towards its target of £100m in new loans in 2019.

Commenting on the announcement, Michael Lynn, CEO at Relendex, said:

‘At Relendex, we are always looking for ways to take the company into the next stage of its growth. Fintan’s appointment is a clear demonstration of this. Fintan has an impressive track record and brings with him strong leadership qualities together with a wealth of experience, which will be key factors in helping us towards our ambitious 2019 target.’

Fintan O’Riordan, pictured, newly appointed Director of Lending at Relendex, added:

‘I am delighted to join Relendex during this exciting period of growth, as the firm looks to significantly increase the level of its loans this year. I am passionate about this market, and particularly admire how Relendex has stayed true to traditional property values in combination with embracing P2P technology. I am confident that my experience and know-how will help the firm achieve the ambitious growth it is targeting”.