Aldermore gains new commercial director

John, who has 30 years’ experience, joins from Clydesdale Bank where he was responsible for its commercial real estate proposition. Prior to this, he worked for National Australia Bank, Bank of Scotland, Bank of Ireland and ING.

Managing the Commercial Mortgages and Property Development teams, John will be responsible for developing new propositions and enhancing the customer journey to meet growing demand.

Based in Aldermore’s Reading office, John will report into Carl D’Ammassa, Group Managing Director of Business Finance.

Earlier this year, the Bank increased the maximum property development loan size to £25 million and launched a new seven-year fixed commercial mortgage rate.

Carl D’Ammassa, Group Managing Director, Business Finance at Aldermore, said: 

“It’s great to have someone of John’s experience join our Real Estate team.We have ambitious plans as we seek to gain a greater share of this market by supporting more businesses through introducing new products and services. I look forward to working with John as he transforms the way we operate.” 

John Carter, Commercial Director at Aldermore, said: 

“It is great to see Aldermore challenging the market by introducing new rates and increasing loan limits. I’m impressed with the work that has been done by the team so far and look forward to working with everyone to develop new propositions that will continue to meet the needs of customers who are looking for competitive deals and the best possible service.”