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

Commonhold reform: Devil in the detail

The government's language on leasehold reform remains forthright. Ministers speak of, “bringing the feudal...

TMG reports record monthly MetLife submissions

TMG recorded its highest monthly submission volume with MetLife, exceeding its previous record by...

Leek raises earned income age limit to 75

Leek Building Society has introduced eight lending criteria changes covering income, contractors, later-life borrowing...

Coventry cuts residential and buy-to-let rates

Coventry for intermediaries has reduced selected residential and buy-to-let mortgage rates for new and...

Rely cuts buy-to-let rates by up to 25bps

Rely has reduced rates by up to 25 basis points across a range of...

Latest publication

Other news

Commonhold reform: Devil in the detail

The government's language on leasehold reform remains forthright. Ministers speak of, “bringing the feudal...

TMG reports record monthly MetLife submissions

TMG recorded its highest monthly submission volume with MetLife, exceeding its previous record by...

Leek raises earned income age limit to 75

Leek Building Society has introduced eight lending criteria changes covering income, contractors, later-life borrowing...