Big restructure at Afin Bank as leaders head for pastures new

Published on

Afin Bank is restructuring its senior management team after key players James Briggs and Alan Davison were offered roles outside the organisation.

Briggs (main picture, right), who is intermediary sales director at the specialist lender for diaspora communities, is believed to be heading to MT Finance to spearhead its revamped lending proposition in the New Year.

Meanwhile Davison (main picture, left), chief operating officer at Afin Bank, is understood to be joining the executive team at Foundation Home Loans.

LONG-TERM PROFESSIONALS

Both Briggs and Davison are long-term mortgage professionals. Briggs spent almost four years at Together as head of intermediary sales and, before that, nearly eight years at Precise Mortgages as specialist account manager and latterly as head of intermediary sales. He joined Afin in September 2024.

Davison worked at Together for nearly seven years before joining Afin Bank in June 2024, rising to distribution director of personal finance. Before his time at Together he spent nearly 14 years working at Royal Bank of Scotland.

Mortgage Soup understands both Briggs and Davison remain fully employed at Afin Bank until the end of the year. Both declined to comment.

Foundation Home Loans and MT Finance also declined to comment.

IMPORTANT ROLES
Paul Beadle, head of external affairs at Afin Bank
Paul Beadle, Afin Bank

Paul Beadle, head of external affairs at Afin Bank, told Mortgage Soup: “Alan and James have played an important part in helping to launch Afin Bank and helping to get us to where we are today.

“We’ll be sorry to see them go at the end of the year, but we wish them both well and every success in their new roles.

“We were already expanding the team to support current demand and the opportunities we see in the market, so we will be announcing new BDMs and senior appointments early in the New Year.”

NEW JOINERS

One such announcement is understood to be Molo senior business development manager John Smith who is believed to be joining Afin Bank in a senior management position in 2026.

John Smith, Molo
John Smith

Smith has also had a solid career in the mortgage industry. Prior to Molo he worked at Octane; West One Loans; Masthaven Bank; Bluestone; Aldermore Bank and The Co-Operative Bank.

Smith declined to comment.

Martin Sims, distribution director at Molo, told Mortgage Soup: “John Smith is currently on garden leave, as he is leaving to join another lender, in a BDM role, we believe. We wish him well.”

*This story was updated at 08:52

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Millions unclear on cost of credit as gaps in financial understanding persist

Millions of UK adults are using credit without fully understanding borrowing costs or how...

UK house price growth slows as London slips into decline

HM Land Registry’s latest UK House Price Index shows the average property price across...

FCA to extend conduct rules to cover bullying and harassment

Mortgage brokers, lenders and other regulated firms will have to tighten their internal conduct...

Solar and heat pump rules could push up mortgage prices

New rules forcing developers to install solar panels and low-carbon heating systems on most...

Keystone launches two-year tracker range as brokers seek flexibility in volatile market

Keystone Property Finance has launched a new range of two-year tracker products for brokers,...

Latest publication

Other news

Millions unclear on cost of credit as gaps in financial understanding persist

Millions of UK adults are using credit without fully understanding borrowing costs or how...

Supply side continues to drive the change agenda

Regulatory change is no longer something firms respond to periodically. It is now a...

Searching for sunny uplands

There is a growing sense, shared quietly in boardrooms and rather less quietly over...