In a strategic move aimed at bolstering its growth towards a £500m loan book by 2024, real estate finance and investment house TAB has announced the appointment of three key members to its senior management team.
The company plans to launch new products and investment opportunities later this year, which these appointments will help shape.
Rikesh Saujani joins as the new investment director from Hervines Group, after previous roles at Credit Suisse and Lloyds Banking Group. Saujani will leverage his near two-decade long experience to provide strategic insights on institutional funding and business development opportunities for TAB. In his recent role as a partner at Hervines Group, Saujani was instrumental in originating deal flow and assisting UK businesses in raising strategic growth funding and capital requirements.
Jon Sturgess takes on the role of sales development director. Bringing over three decades of industry experience to TAB, Sturgess will be responsible for driving revenue growth and meeting origination targets by implementing effective sales strategies.
Sturgess’ past roles include key positions at Masthaven Bank and Livemore Capital. At Masthaven Bank, he led a team that delivered over £1bn of lending.
Matthew Hayes joins as the head of finance after holding positions at Shawbrook Bank, Close Brothers and Commonwealth Bank of Australia. Hayes, with his over 15 years of financial experience, will manage and oversee TAB’s financial operations to ensure growth and stability. In his previous role at Shawbrook, Hayes led the commercial finance support, the bottom-up budgeting process, and initiated the company’s first Finance Graduate Programme in 2022.
Duncan Kreeger (pictured), CEO and founder of TAB, said: “Rikesh, Jon, and Matthew bring a wealth of experience that adds depth to our team as we grow in an evolving but promising time for real estate. Our aim is to expand our team with proven professionals to provide competitive offerings for borrowers and attractive returns for investors.”
