Aldermore adds to commercial real estate team

Aldermore has announced the appointment of Andy Porter to the position of business development manager within its commercial real estate (CRE) team, as it aims to further strengthen its property development proposition.

Andy has over 20 years’ experience across property finance, commercial banking and credit risk. He joins Aldermore from United Trust Bank, where he was senior director of property development.

Before joining United Trust Bank, Andy spent more than 12 years at Close Brothers Property Finance, progressing from senior business development manager to business development director.

Andy has also held senior roles at Barclays and RBS, where he worked across corporate banking, relationship management and credit risk.

His experience spans structuring funding facilities for property investors and developers, managing complex lending relationships and delivering solutions suited to customers’ individual circumstances and ambitions.

Azfar Rizvi, commercial director for corporate and commercial lending at Aldermore, commented: "We're delighted to welcome Andy to the CRE team. His extensive experience across property development finance, commercial banking and credit risk will be a real asset to our team and, importantly, to the customers and brokers we support.

"As part of our continued investment in Property Development, we’re focused on expanding our support for developers across the UK and helping bring forward high-quality residential and commercial schemes. Andy’s appointment further strengthens our capabilities in this area and reflects our ambition to support more customers in bringing high-quality projects to life."

Andy Porter said: "Having spent many years working closely with property investors and developers, I was attracted to Aldermore’s relationship-led approach and its commitment to providing long-term support.

"Aldermore has a strong reputation for understanding its customers and taking a flexible, pragmatic approach to funding. I'm looking forward to working closely with brokers and customers to identify new opportunities and deliver funding solutions that support their long-term ambitions."