CrowdProperty has named former Weatherbys Bank executive Steve Morgan as chief financial officer at the peer-to-peer lending platform.
Morgan will also lead the risk agenda at CrowdProperty as part of the company’s risk committee.
Prior to joining CrowdProperty, Morgan was head of finance at Weatherbys Bank, where he worked within a client-driven setting with a strong focus on relationship building.
He has also worked at Société Générale Corporate and Investment Banking, and Daiwa Capital Markets, and he was an executive director at Lehman Brothers.
“CrowdProperty has an excellent reputation as a leading player in the property lending sector that has delivered hugely impressive results since its inception,” said Morgan.
“The business is changing the game of property project finance with a clear vision and strategy for the future which is very exciting.
“I’m looking forward to working with the team on the opportunities and challenges ahead, embedding the right structure and bringing my experience in driving growth to support the business as it scales and further strengthens its proposition to both borrowers and diverse sources of capital.”
Mike Bristow, chief executive of CrowdProperty, said that Morgan’s expertise will be a “powerful addition to the executive team and board of directors”.
“The quality, proficiency and deep financial services expertise that Steve will bring to the business adds further firepower to CrowdProperty and further demonstrates our commitment to building a strongly resourced business with market-leading talent through our high growth stages,” added Bristow.
“We’re working on a number of exciting business developments behind the scenes, and Steve’s 15 years’ experience of operating at MD level including traversing regulatory scrutiny in large, regulated businesses will stand the business in very good stead as we realise our growth potential.”
His appointment comes just a month after Damon Walford was announced as chief commercial officer at the lending platform.