He has been responsible for implementing the firm’s compliance strategy since 2019
Specialist property finance lender MT Finance has appointed Shyam Kotecha (pictured) to the board of directors, making him the firm’s eighth board member.
In his role of chief compliance officer, money laundering reporting officer, and head of human resources, Kotecha has been responsible for shaping and implementing MT Finance’s compliance strategy since joining the company in 2019. He has previously held positions at a number of financial institutions, including Barclays and the Financial Conduct Authority.
Kotecha joins existing directors Joshua Elash, Tomer Aboody, Gareth Lewis, James Anderson, Millie Dyson, and Lenka Pajkošová, as well as non-executive director Chris Patrick.
“I am pleased to welcome Shyam to the board of directors,” Joshua Elash, director and founder of MT Finance, said. “In the four years he has been in the business, he has overseen our successful application and eventual launch into the regulated bridging finance sector, and has contributed greatly to the overall compliance function of the company. He has proven himself to be a highly knowledgeable and professional executive who I am confident will add value to the board.
“Placing the consumer at the heart of everything we do has become second nature to us here at MT Finance, so I welcome the FCA’s new Consumer Duty, and I look forward to continuing to work with Shyam to ensure our commitment to our clients – and intermediary partners – remains front and centre.”
Speaking of his appointment, Kotecha said he was excited to be involved in the next phase of growing the business and working closely with industry partners to ensure the consumer remained the lender’s primary consideration.
“I would like to thank MT Finance for giving me this opportunity, particularly founders Joshua Elash and Tomer Aboody,” he stated.
Want to be regularly updated with mortgage news and features? Get exclusive interviews, breaking news, and industry events in your inbox – subscribe to our FREE daily newsletter. You can also follow us on Facebook, Twitter, and LinkedIn.
