TAB appoints Stephen Wasserman as Chief Operating Officer

By Bridging Loan Directory 23rd July 2024

TAB, the real estate finance and investment house, has appointed Stephen Wasserman as Chief Operating Officer (COO), effective immediately.

Stephen Wasserman has been a Director of TAB since October 2022, and will now take more of an active role in the day-to-day operations of the company.

With over 20 years of experience in property and lending, Wasserman brings extensive expertise and strategic insight to his new position.

Prior to joining TAB, Wasserman co-founded West One Loans and served as its Managing Director for 14 years, overseeing more than £3 billion in lending and managing all operations and credit risk.

He also founded the National Housing Group, where he spearheaded efforts to acquire and develop high-quality social housing.

Stephen Wasserman is a long-term business partner of TAB founder Duncan Kreeger, and the pair have successfully collaborated on numerous ventures over the last 20 years.

Wasserman’s primary focus will be driving TAB’s lending activity and ensuring that the business runs effectively.

Duncan Kreeger, CEO and Founder of TAB, commented:

“Stephen’s extensive experience and deep understanding of our operations make him exceptionally well-suited for this role.

We are confident that he will continue to drive our strategic initiatives forward and contribute significantly to TAB’s ongoing success.

His expertise will be invaluable in supporting our consolidation and growth to provide the best possible outcomes for our borrowers and investors.”

Wasserman’s appointment follows that of Samuel Leach, who joined the company last month as Head of Investor Relations and coincides with the company surpassing £500m of lending.

This latest strategic move aims to streamline operations and prepare for the improving property finance market in H2 2024.

Stephen Wasserman, COO of TAB, commented:

“I am thrilled to join TAB at such a pivotal time in its growth trajectory.

I have watched TAB’s growth with great admiration and I am excited to be more involved with the day-to-day runnings of the operation.

Duncan has built TAB with a strong foundation and a clear vision for the future.

I am confident that we will continue to innovate and lead in the property finance market, driving significant value for our clients and investors.”