Rumbold is responsible for all aspects of sales and development and he reports to Cheval managing director, Benson Hersch. He has joined Cheval from Co-op Bank where he was head of mortgages. Prior to that he held senior posts at Portman Building Society and Bank of Ireland and has a total of nearly thirty years experience in the mortgage sector.
Benson Hersch said: “Cheval is planning to significantly increase its share of the bridging loan market, and I am delighted to welcome Paul to the company to head up marketing and sales as we move into this period of growth. He has unrivalled experience and a proven track record in the mortgage industry, and I’m sure he will make a valuable contribution to Cheval’s future success.”