LiveMore has appointed Ian Sturla as risk lead as it continues its focus on borrowers aged 50 to 90+.
Sturla has more than 16 years’ experience in financial services and has held senior roles in lending and risk at Lloyds Bank, Coutts and most recently C. Hoare & Co.
Over the past decade, he has worked in private banking, providing risk oversight and underwriting for complex facilities tailored to ultra-high net worth individuals.
Sturla said: “Throughout my career, I’ve seen far too many clients turned away due to restrictive age-based lending criteria.
“LiveMore offers a clear and compelling solution to this problem and I’m proud to be joining a business that’s not only innovating in the mortgage space but also delivering real change for customers who are often overlooked.”
He added: “My aim is to build on the excellent foundation LiveMore has established over the past five years. My priority is to support sustainable growth while ensuring we continue to make sound, risk-aware decisions.”
Leon Diamond, chief executive at LiveMore, said: “Ian’s experience in complex lending and his understanding of risk at the highest level make him an ideal fit for LiveMore.
“His insights from working with UHNW clients bring valuable perspective as we continue to help more people aged 50 to 90+ secure the financial products they need.
“Ian shares our belief that age should not be a barrier to financial opportunity, and his leadership will help ensure we remain both innovative and responsible in our approach to risk.”
LiveMore specialises in later life mortgages with products designed specifically for the needs of older borrowers.