Black & White Bridging appoints financial director

By Bridging Loan Directory 11th January 2022

Black & White Bridging, the national short term lender, has appointed Naeem Tabassum to the post of Financial Director.

Naeem, who has been instrumental in the financial development of some of the best known names in the bridging sector, including LendInvest and Glenhawk, brings 20 years of experience in financial management across multiple sectors, with over 15 years in the bridging finance sector.

As a qualified financial professional, Naeem holds MBA and PhD degrees in Corporate Finance and Governance and is a member of the ICAEW and AACA.

The lender, which launched in April 2021, has already developed into one of the most talked about new entrants in the sector, thanks to its simple and transparent proposition that is dedicated to intermediaries.

According to Commercial Director, Damien Druce, the recruitment of a Finance Director had originally not been planned until later in 2022.

He said:

“Our success last year has made us revise our longer term planning and it became clear that filling the role of FD could not be delayed any longer.

Therefore, we are fortunate to have secured someone with Naeem’s experience and skillset to fill the role.

As Black & White continues its expansion, Naeem will be central to developing the financial infrastructure which will see us develop into a full fintech business over the next few years.

I have known Naeem for some time and his understanding of the short term lending market and how bridging lenders develop their capabilities will help propel B&W’s progress towards joining the top table of specialist lenders.”

Naeem Tabassum commented:

“Black & White Bridging has come a long way in a very short period of time.

It is an exciting time to join a business with so much energy and a clear plan of what it wants to become.

I am looking forward to creating the foundations that will support its expansion and clear goal of becoming a fully fledged leader in its field.”