Finova appoints chief technology officer to drive innovation

Cloud-based mortgage and savings software provider, Finova, has appointed David Espley as chief technology officer (CTO). David will lead Finova’s technology strategy, focusing on innovation, customer outcomes, and scaling the company’s product suite to meet the evolving needs of lenders and brokers.

David brings over 20 years of leadership experience in technology and product development across financial services, energy, and legal technology. Most recently, he was CTO at Kaluza, where he led a team of over 400 people across the UK, EU, North America, and Australia to deliver AI-driven platforms for energy retailers. 

Before Kaluza, David held senior CTO roles at Hargreaves Lansdown, where he accelerated digital product delivery, and at LexisNexis, where he managed a global technology budget of over $60m and introduced cloud migration practices to the firm.

At Finova, David will be responsible for advancing the company’s technology strategy for its clients, leveraging AI and cloud-native technologies to improve customer experience and outcomes and driving product innovation to support lenders and brokers in a fast-changing mortgage market.

David’s appointment follows the recent arrival of Gareth Richardson as Finova’s new CEO.

David Espley commented: “I’m delighted to be joining Finova at such a pivotal time in its journey. The mortgage and savings industry is at an inflection point, where technology can truly transform the way lenders and brokers serve their customers. My focus will be on helping Finova’s clients achieve better outcomes by harnessing the power of AI, cloud, and modern product delivery – all while ensuring resilience, speed, and scalability.”

Gareth Richardson, CEO of Finova, said: “David brings an outstanding track record of leading technology teams in complex, regulated industries and scaling digital platforms for millions of users worldwide. His appointment strengthens our leadership team and underlines our ambition to be the technology partner of choice for lenders and brokers across the UK. I look forward to working with David as we continue to build on Finova’s strong market position and deliver even greater value to our clients.”