Cupis moves to Openwork

Published on

Openwork has announced the appointment of John Cupis as mortgage director.

He joins Openwork from Sesame Bankhall Group (SBG), where he had been managing director of mortgages for eight years. Over that period he oversaw growth to the point where Sesame was responsible for one in four intermediated mortgages.

Prior to joining SBG, John worked at Legal & General for eight years where he fulfilled various senior roles within the business including mortgage propositions director.

Openwork said the appointment completes its move to divide its distribution business into three specialist business units – wealth, mortgage and protection – each with a director responsible for the delivery and control over all elements of the proposition and its distribution. Openwork had already appointed Mike Morrow, formerly of IFA wrap platform Ascentric, as wealth director, and Pat McKenna, head of Openwork’s protection business Owl Financial.

Mark Duckworth, CEO of Openwork, said: “We are thrilled that John has agreed to join Openwork during this extremely exciting period for the business. John’s experience, expertise and commercial acumen are second to none and his arrival is a major signal of Openwork’s intentions in the UK mortgage market.

“I have asked Paul Shearman to continue to be our principal liaison with key lenders and to support our biggest firms grow their businesses, Together, John and Paul make up the strongest possible team in the mortgage market to develop this critical strand of Openwork’s offering to advisers.

“With directors now appointed to run all three business units, we are well positioned to develop our distribution proposition and increase our overall profitability from its very solid base.”

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

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...

FCA finds protection market delivering good outcomes, says TPFG

The Property Franchise Group PLC (TPFG) has responded to the publication of the Financial...

Conditional selling remains industry flashpoint as enforcement lags

Conditional selling remains one of the most persistent and contentious issues facing the UK...

Latest publication

Other news

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...