Aldermore has strengthened its commercial real estate division with the appointment of two new business development managers, Jack Arnold and Matthew Gudgeon.

Both bring extensive experience in real estate finance and corporate banking.

Arnold joins from NatWest, where he spent almost a decade in a range of roles across large corporate real estate finance, most recently as relationship director.

His remit at Aldermore will include supporting growth through tailored funding for new and existing clients.

Gudgeon has nearly 20 years’ experience in financial services, including positions at HSBC, Santander, Christie Finance and, most recently, OakNorth Bank, where he worked as an associate in debt finance.

His background in business development and relationship management will support Aldermore’s expansion into key regional markets.

Azfar Rizvi, commercial director and head of commercial real estate at Aldermore, said: “I’m pleased to welcome Jack and Matthew to our CRE team. Their combined experience, expertise, and strong relationships across the UK real estate market will further strengthen our ability to deliver innovative, flexible finance solutions to our clients.

“These appointments reflect our ongoing investment in talent and our commitment to supporting brokers and clients as we continue to grow our CRE proposition across the UK.”

Arnold said: “I’m excited to join Aldermore and contribute to its growing presence in commercial real estate. Its agile approach and focus on tailored funding make it an ideal environment to support clients’ ambitions.”

Gudgeon added: “It’s great to be part of a team that truly values tailored finance and long-term partnerships, making it an exciting place to grow.

“I look forward to working with brokers and clients to deliver the kind of flexible finance that helps unlock opportunity and drive growth.”