Foundation Home Loans appoints chief treasury officer

Published on

Foundation Home Loans has announced the recruitment of Matt Blake as chief treasury officer to lead the capital markets and treasury operations functions.

Blake (pictured) has previously held senior treasury roles at Pepper Money UK and Together.

Blake will join George Gee, chief commercial officer; Kelly Pallister, chief operating officer; Nicola Townsend, chief risk officer & legal counsel; Chris Lomas, chief technology officer and Noelle Doherty, chief financial officer, as the executive committee at Foundation Home Loans.

Foundation Home Loans is the trading name of Paratus, owned by US asset managers, Apollo Global Management. The lender restructured to three separate brands in January this year – ‘Buy to Let by Foundation’, ‘Residential by Foundation’ and ‘Solutions by Foundation.

In April this year, the lender announced it had secured a new £1.25 billion funding line to continue offering its full core range of residential and buy-to-let mortgages.

Pete Ball, CEO of Foundation Home Loans, said: “We have a clear direction of travel for the business and it’s vitally important we have the right people in the right roles driving us forward to meet our ambitious plans.

“This is a time of innovation for Foundation, and I’m confident we have a highly capable, experienced and dedicated team of people, both within the Executive Committee and the entire business, that are going to make a huge difference and contribution to the next stage in our evolution.”

Blake added: “I’m delighted to join the team at Foundation Home Loans at such an exciting time for the growth of the business. We have recently expanded the Treasury team with the recruitment of Steve Vance (capital markets director) and Adam Pallister (ALM, treasury operations director). Working with our supportive financing partners, we will seek to expand the product offering to our adviser partners and their borrower clients.”

Latest POLL

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 Mortgage Works cuts rates for new customers

The Mortgage Works (TMW) has reduced rates by up to 0.30 percentage points across...

MPowered launches YouTube show to demystify homebuying

MPowered Mortgages has created a new YouTube series, On the House, aimed at helping...

Square 1 Media announces May Mortgage Market Debate

Square 1 Media is to hold its next Mortgage Market Debate on Wednesday, 21 May,...

Coventry BS maintains status as one of the best workplaces

Coventry Building Society has been named one of Great Place to Work's UK’s Best...

Other news

The Mortgage Works cuts rates for new customers

The Mortgage Works (TMW) has reduced rates by up to 0.30 percentage points across...

Helping university students onto the property ladder

As we head towards the Easter break, thousands of first-year university students up and...

MPowered launches YouTube show to demystify homebuying

MPowered Mortgages has created a new YouTube series, On the House, aimed at helping...