Assetz Capital appoints director of lending operations

By Bridging Loan Directory 1st June 2021

Assetz Capital has appointed Irene Thomas as director of lending operations, further strengthening its senior leadership team as part of its continued growth.

In her new role, Irene will lead, develop and modernise the marketplace lender’s operations by driving improvements and efficiencies across the business to deliver even better outcomes for customers and colleagues.

Before joining Assetz Capital, Irene was director of commercial operations at Together, where she transformed working practices and processes, leading to sustained growth for the commercial division of the lender.

With more than 30 years’ experience in operational management, Irene previously held roles with Halifax Bank of Scotland, Freedom Finance and Advantage Home Loans.

The appointment comes during a period of significant momentum for Assetz Capital. After surpassing the £1 billion lent milestone at the beginning of 2020, it focused on delivering the government’s CBILS loans to SMEs throughout the pandemic and is now heading towards £1.5 billion of lending by the summer. Last month, it launched a new bridging product with a 0.65% interest rate to supercharge its origination.

Irene Thomas, pictured, director of lending operations, said:

“Assetz Capital is already an incredibly successful business with brilliant people, and yet I still see huge potential.

There is opportunity for change and improvement across the business to enable us to scale quicker and more sustainably – while delivering an even better service to our borrowers and investors.

The senior leadership team has a clear vision for the business and I’m looking forward to playing my part in shaping and delivering it.”

Stuart Law, CEO at Assetz Capital, said:

“We’re delighted to welcome Irene to the team. We are taking our operational management to the next level, and I’ve no doubt Irene will be a catalyst for our significant growth in 2021 and beyond.

At a time when the economy is set to kickstart, Irene’s appointment will help us to continue delivering for SMEs and investors as we continue our journey to be the preferred lender for SMEs and SME house builders across the UK.”