Bluestone Mortgages appoints new MD

David will fill the newly created COO role as well as assuming the position of Managing Director of Bluestone’s mortgage business, replacing Matt Andrews who has recently left the business. 

The appointment remains subject to FCA approval and is expected to commence with effect from 1st July 2017. Peter McGuinness, Bluestone Group CEO will act as MD of Bluestone Mortgages until that time.

David’s most recent position has been as Director of Strategic Projects at BlueStep Bank AB, the largest speciality mortgage lender in Sweden and Norway.
 
Prior to this, David worked at Barclays plc from 1988 to 2007 in a variety of roles. David worked closely with both Bluestone Chairman, Alistair Jeffery and CEO, Peter McGuinness whilst at Barclays, overseeing funding for over A$2bn residential, commercial and reverse mortgages in Australia and New Zealand. 
 
Peter McGuinness, CEO of Bluestone Group, commented: “The Bluestone team has worked closely with David for nearly 15 years, initially through his role managing a number of significant wholesale and capital markets facilities for the business whilst at Barclays. It’s clear that David has continued to develop a deep understanding of the operational, funding and regulatory aspects of a specialist mortgage business and has been instrumental in driving the success of BlueStep in Scandinavia. 

"David is held in high regard within the industry, and we are very much looking forward to him joining Bluestone at a time when we are developing a number of lending platforms, including Bluestone Mortgages in the UK and Bluestone Asset Finance in Ireland.”