Former CEO of Allica Bank joins CSBF Capital Partners

By Bridging Loan Directory 11th January 2023

CSBF Capital Partners (CSBF), a leading short-term lender has announced that Mark Stephens has joined the management team as a Non-Executive Director.

CSBF has invested significant capital into its loan book and has seen an increase in growth over the past two years with the loan book more than doubling each year.

CSBF remains committed to providing short term capital across the UK and intends to continue its growth, targeting a further doubling of the capital deployed within the next 12 months.

Mark’s appointment will help CSBF focus on its strategic objectives of growing the loan book and ensuring the company’s internal policies and governance grow in line with its capital base.

Mark brings extensive experience in the banking and finance sector from his career spanning more than 40 years in UK business banking. Mark has been CEO of Allica Bank and Harrods Bank and Deputy CEO at Aldermore.

At Harrods Bank, Mark oversaw the banks strategic direction, including its 2018 sale to a challenger bank.

Prior to this he founded, and then held a number of key positions at Aldermore, where he was overall responsible for making sure that the strategic objectives of the business were met.

Jourdan Rajwan, Director at CSBF Capital Partners commented:

“Core to Mark’s whole impressive career in finance to date has been his devotion to making sure that companies have the right capacity for growth.

At CSBF Mark will help to ensure the pace and direction of growth is aligned – putting our straight forward approach to lending at the heart of what we do. We are delighted to have Mark on board.”

Mark Stephens added:

“I am delighted to be working with the experienced team at CSBF and to help to continue with the current successes that have been achieved to date”