Neil Molyneux joins Ashman Bank as senior relationship director

Ashman Bank has appointed Neil Molyneux (pictured) as senior relationship director.

In his new role Molyneux will initially be leading the team responsible for originating new lending and building the broker panel.

This will initially include bridging, with plans to introduce buy-to-let, commercial mortgages and property development.

Molyneux joins from Masthaven Bank, where he led teams in business development, account management and product design across bridging and development finance for nearly 10 years.

He was most recently head of sales short term lending and development.

Molyneux has more than 30 years’ experience following roles at Cheval Bridging Finance, Sequence, Forces Financial, Swift Group, Lehman Brothers, and Advance Finance Group.

Molyneux said: “So much of what Ashman is seeking to achieve resonates with me, most notably to provide a better solution to SMEs (small and medium sized enterprises) who continue to struggle to get the funding and service they deserve.

“I am delighted to be playing a part in turning Ashman’s vision into reality and I very much look forward to working with like- minded intermediaries who also share a passion for delivering a better lending experience.”

Caroline Luxmore, chief commercial officer, at Ashman Bank, said: “Client relationships are fundamental to what we are doing at Ashman, so attracting someone of Neil’s calibre and experience is hugely exciting.

“His knowledge and experience in the SME market will be invaluable as we move towards our full launch. We are delighted to have Neil with us and look forward to seeing what he can help us build in the coming years.”

Headquartered in Birmingham, Ashman is initially focused on lending to SMEs in the commercial real estate sector.

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