Promotions announced in specialist and development finance divisions
Hampshire Trust Bank (HTB) has announced the promotion of Alex Upton (pictured left) to the position of managing director of specialist mortgages, alongside Neil Leitch (pictured right), who steps into the role of managing director of development finance.
These key appointments, the bank said, are part of its strategy to strengthen its services across the residential investment lifecycle.
Upton, previously managing director of development finance, has been instrumental in enhancing the division’s operations and expanding the team. She now returns to specialist mortgages, a sector where she has prior experience, aiming to advance HTB’s major business line through strong broker relationships and maintaining high quality service.
“I am proud to leave the development finance division in great shape – the new team is brimming with talent and capability,” Upton said. “But I’m thrilled to be swapping my comfy steel toecaps for my blister inducing heels as I return to my roots in specialist mortgages to take HTB’s biggest business to the next level.”
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Leitch, the former commercial director of the development finance division, meanwhile, brings extensive market experience and a respected commercial acumen to his new role.
“I’m stepping in to lead a department that’s already in an excellent position,” he said. “It’s been a pleasure working with Alex, and I’m really looking forward to taking the helm in development finance as we continue to support a broad range of developers to build more much needed homes across England and Wales.”
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Charles McDowell, HTB’s chief commercial officer, emphasised the importance of internal talent to the bank’s success.
“Talent is HTB’s currency,” he said. “Alex and Neil’s commitment to the bank has been fundamental to our rapid growth and their continued close collaboration will underpin HTB’s formula for success – to put both brokers and borrowers at the heart of everything we do.”
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