LendInvest hires ex-OSB chairman for mortgage launch

LendInvest hires ex-OSB chairman for mortgage launch




Online property specialist LendInvest has appointed the former Executive Chairman of OneSavings Bank as a senior adviser.

As the first member of LendInvest’s newly formed advisory board, Stephen Wilcke will be responsible for helping the firm extend into the broader mortgage market. 

Stephan said: “Having followed the progress of the team for the past three years in various capacities, I have been incredibly impressed by what LendInvest has achieved.

“They are building a company with a distinctive culture that blends maturity with a desire to do things differently. It’s an exciting time to come on board.”

Stephen served as Executive Chairman of OneSavings Bank until it became the first challenger bank to IPO in London in June 2014. He subsequently served as a non-executive director up to May 2016.

He brings with him 25 years of financial services experience, having formerly served as CEO of HM Treasury’s Asset Protection Agency. 

An investor in LendInvest for a number of years, Stephen is also currently a Commissioner of the Jersey Financial Services Commission and Chairman of Amigo Loans.

Christian Faes, Co-Founder & CEO of LendInvest, added: “LendInvest is now a leading name in specialist property finance, but we make no secret of our goal to be a mainstream financial services brand.

“The financial services world is one that’s subject to ever-growing layers of regulation, with new entrants like us under intense scrutiny.

“An open door to Stephan’s battle-hardened skills and extensive network will be invaluable to us as we continue to grow.”

Founded in 2013, LendInvest has originated over £660m of loans for borrowers seeking short-term mortgage finance.

Over the last year the firm has grown its team from 30 to 100 and secured £39m in equity investment.

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