FORMER Paragon Bank head of development finance, Fintan O’Riordan (pictured), has joined peer-to-peer platform Relendex to lead its lending team.
At Paragon he was responsible for forming a new lending team and growing expanding the group’s business nationwide. He has previously held roles at Nationwide, Bradford & Bingley and Barclays.
Relendex finances UK commercial and residential property, excluding owner-occupied residential. This appointment is the latest in a series of hires for the group as it works towards its target of £100m in new loans in 2019.
New appointments have include business development managers, an underwriter, and Paul Sonabend as commercial director.
Read more: Relendex appoints commercial director
“At Relendex, we are always looking for ways to take the company into the next stage of its growth,” said Relendex chief executive Michael Lynn.
“Fintan’s appointment is a clear demonstration of this. Fintan has an impressive track record and brings with him strong leadership qualities together with a wealth of experience, which will be key factors in helping us towards our ambitious 2019 target.”
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O’Riordan added: “I am delighted to join Relendex during this exciting period of growth, as the firm looks to significantly increase the level of its loans this year.
“I am passionate about this market, and particularly admire how Relendex has stayed true to traditional property values in combination with embracing P2P technology. I am confident that my experience and know-how will help the firm achieve the ambitious growth it is targeting.”