Specialist lender restructures senior management

Specialist lender restructures senior management




A lender has made changes to its senior management team in order to aid growth….

A specialist lender has made changes to its senior management team in order to aid growth…

Ortus Secured Finance’s new structure sees co-founder Richard Beenstock take on a new role as CEO, with Armann Thorvaldsson becoming Chairman and Jon Salisbury moving to Managing Director.

Richard will now focus on new markets, product development and the growth and development of funding lines to allow Ortus to continue giving brokers a reliable funding option.

“Like most small companies, Ortus has traditionally had a fairly flat structure with all staff getting involved in the different parts of the business,” said Richard.  

“This has suited the Ortus Management team who all have unusually expansive backgrounds ranging from private equity to loan book recovery.”

 Jon meanwhile will focus on the day-to-day running of the Ortus loan book including the processing and managing of new deals.

“It’s testament to our progress that we are making these changes earlier than we expected and ensuring the business is well placed for the next phase of expansion,” added Richard.

“As we have grown exponentially to date, the new structure will allow us to continue to provide the best service to brokers and our clients.”

 

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