Bluestone appoints new CEO

Bluestone appoints new CEO




Bluestone Group has announced the appointment of a new CEO.

Peter McGuinness joins as group CEO with immediate effect, having previously served as CEO of the firm’s Europe division since 2003.

Meanwhile, founder and executive chairman Alistair Jeffrey will continue to be actively engaged in the business as non-executive chairman, dividing his time between Bluestone’s head office in Cambridge and its regional offices around the world.

Commenting on the move, Alistair said: “Peter is the ideal candidate, combining wide international accounting and structured finance skills with deep operational experience in the specialist lending sector.

“We believe he is best placed to continue driving the business forward over the next decade.”

Peter has already overseen significant expansion at Bluestone, having led the firm’s successful expansion into mortgage lending and the establishment of a car and equipment finance business in Ireland.

Peter added: “Under Alistair’s leadership, Bluestone has developed a clear vision for growth over the next five years, and I am looking forward to drawing on my 13 years of experience with Bluestone and taking on the challenge of executing that plan.

“Our managing director for Bluestone Mortgages UK Matt Andrews is building an exciting business, creating a leading specialist lender supporting customers who are underserved by the high street banks, and I am confident the business will continue to deliver strong growth.”

Bluestone Mortgages currently employs over 250 staff in four countries, with offices in Dublin, Manila and Sydney.

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