Mortgage software developer names new CEO
Fintech mortgage lender Gen H has appointed Tony Ward as the new chair of its board of directors, after being a non-executive director at the company for three years.
Ward, who also holds the position of chairman at mortgage servicer BCMGlobal and buy-to-let lender Landbay, succeeds Gen H co-founder and chief executive Will Rice, who steps down as chair to focus on leading the company.
Ward brings extensive experience in the mortgage and funding sectors and is expected to guide the lender through a period of growth. His appointment is seen as strengthening the company’s governance and providing additional support to the management team as Gen H works towards profitability.
Gen H, which exceeded its total new business volume for 2023 by mid-May, is preparing to launch new mortgage products aimed at first-time buyers. The lender has also introduced several updates to its platform, including an automated product switch process for brokers and customers.
“The company is entering a new and exciting phase of growth, maturity, and profitability,” Ward said. “Gen H puts customer needs at the centre of its offering, providing innovative and necessary products through an advanced tech platform.”
In a separate announcement, mortgage software developer Fignum has named Andrew Lloyd as its new chief executive officer.
Lloyd, formerly chief customer officer (UK) at global fintech PEXA, brings over 15 years of experience in financial services and consulting. He has held senior roles at Invesco, Kearney, Lloyds Banking Group, and KPMG.
“Having worked in both large organisations and fintech unicorns, I am looking forward to helping drive the next phase of Fignum’s growth,” Lloyd said.
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