Damien Druce said: “Our success last year has made us revise our longer term planning and it became clear that filling the role of financial director could not be delayed any longer."
Short-term lender Black & White Bridging has appointed Naeem Tabassum (pictured) to the role of financial director.
Tabassum has 20 years' experience in the financial sector, having spent time at LendInvest and Glenhawk, and he has spent 15 years specialising in bridging finance.
Damien Druce, commercial director of Black & White Bridging, said: “Our success last year has made us revise our longer term planning and it became clear that filling the role of financial director could not be delayed any longer.
"Therefore, we are fortunate to have secured someone with Naeem’s experience and skillset to fill the role.
"As Black & White continues its expansion, Naeem will be central to developing the financial infrastructure which will see us develop into a full fintech business over the next few years.
"I have known Naeem for some time and his understanding of the short-term lending market and how bridging lenders develop their capabilities will help propel B&W’s progress towards joining the top table of specialist lenders.”
Tabassum added: “Black & White Bridging has come a long way in a very short period of time. It is an exciting time to join a business with so much energy and a clear plan of what it wants to become.
"I am looking forward to creating the foundations that will support its expansion and clear goal of becoming a fully fledged leader in its field.”