Avamore appoints new finance director in series of promotions
The lender has appointed a new director of finance and operations and senior underwriter.
Property lender, Avamore, has announced a series of internal promotions.
Nicholas Duke, who has been with the company for two and a half years, has been promoted to director of finance and operations.
Ed Blundell has been promoted to senior underwriter, and Harry Yates continues in his senior role across many parts of the business. Harry and Ed, who joined Avamore over five years ago as analysts, have both progressed into leadership positions, overseeing much of the day-to-day lending.
As part of the changes, Tom Genner has been promoted to associate within the investor relations team and will work closely with Harry Yates.
In addition, the company has announced that after nearly a decade with Avamore, Philip Gould and his family have decided to relocate back to Sheffield to be nearer to family. He will continue to support the company for the near future, assisting with deal execution and aiding the team during this transition. Avamore says it has "robust plans in place to ensure that all business operations continue seamlessly".
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Inflation
Interest rates could rise as Bank of England responds to oil shock
First-time Buyer
Just one profession pays enough for buyers to afford average UK home
FCA
APPG urges overhaul of 'systemically flawed' UK financial conduct regulation
Interest Rates
Bank of England forecast to hold interest rates 'well into 2027' as inflation tops 4%
This week's biggest stories:
Inflation
Interest rates could rise as Bank of England responds to oil shock
First-time Buyer
Just one profession pays enough for buyers to afford average UK home
FCA
APPG urges overhaul of 'systemically flawed' UK financial conduct regulation
Interest Rates
Bank of England forecast to hold interest rates 'well into 2027' as inflation tops 4%
Bank Of England
Bank of England holds interest rates as inflation risks persist
FCA
FCA confirms new incident reporting and third party rules