The UK’s leading specialist property project online lending platform CrowdProperty (www.crowdproperty.com) has shuffled its Board, aligning to the major ambitions of the business, following the appointment of Mark Stephens (former CEO of Allica Bank & Harrods Bank and Deputy CEO at Aldermore) to the Board as a Non-Executive Director.
With Mark Stephens joining as Non-Executive Director in January 2021, John Mould’s valuable tenure as Non-Executive Director since January 2020 and Simon Zutshi successfully selling his Property Investors Network (pin) business to Genius Group in December 2020, John Mould has been appointed Non-Executive Chair and Simon Zutshi has assumed a board observer role as a major shareholder, allowing him to focus on the continued growth of pin under the Genius Group.
Furthermore, CrowdProperty has a recruitment mandate out in the market to bring on an experienced CFO to further strengthen the Executive Team and Board.
Michael Bristow, CEO of CrowdProperty, commented:“Despite having surpassed the £100,000,000 lent milestone, we’re still at the start of what CrowdProperty can achieve in this market against a mission of unlocking the power of SME property developers in the UK – to build more homes, increase spend in the UK economy and ever more efficiently and effectively match the supply and demand of capital for the benefit of all. These Board changes reflect our major ambitions as we develop and execute against our 3-year strategy which will transform the scale and significance of the business."
John Mould, Non-Executive Chair of CrowdProperty and former CEO of ESF Capital & ThinCats, COO at Hermes Investment Management, COO at New Star Asset Management and Executive Director at Morgan Stanley, added: “It’s an exciting time to be part of the driving force behind the fulfilment of CrowdProperty’s potential. The CrowdProperty business model, fundamental expertise at the core of the business, quality first-charge security positioning and technology-focus presents huge opportunity to take the UK SME property project lending market. It’s impressive how the team have taken their time to build strategic advantage in the sector and can now controllably, selectively and profitably scale with quality at the core, underpinned by a strong and talented team and experienced Board.”