Finova, the cloud-based mortgage and savings software provider, has announced the appointment of Sebastian Mrotzek as director of operations.
Mrotzek (pictured) will oversee managed services, operational resilience, security, and risk management at finova, as it supports nearly 70 active lenders.
He joins finova from Redwood Bank, where he spent four years driving operational improvements. He initially served as director of operations (SMF 24) before transitioning to Chief Information and Technology Officer (SMF 24), leading IT initiatives and reinforcing the bank’s cybersecurity and regulatory compliance strategies.
Finova says his experience in third-party oversight and outsourcing, as well as his tenure at the Prudential Regulation Authority (PRA) and the Bank of England, aligns with its focus on upholding regulatory standards.
Mrotzek said: “It’s a thrill to step up and join finova at such a critical juncture in the company’s ongoing growth. In our sector, risk management and resilience are vital to the long-term success of any vendor.
“Over the past few years, I’ve been fortunate enough to lead a variety of cybersecurity and compliance strategies to fruition, and look forward to applying these learnings at finova.”
Richard Marsh, chief operating officer at finova, added: “We’re delighted to welcome Sebastian to the team during an exciting time in finova’s growth journey. I will be working closely with Sebastian to support our nearly 70 live lenders, originating over £50bn in mortgages every year.
“We will focus on the success of our clients, with the mindset that investing in risk and security has never been more critical. Sebastian’s deep expertise in operational resilience, risk, and regulatory compliance will be a real asset to finova, alongside his leadership experience in banking technology.
“As we continue to scale our offering, Sebastian’s appointment, and his experience as a customer, will be instrumental in strengthening our operational framework, ensuring we remain agile while maintaining the highest standards of security and compliance.”
