George Patellis has joined bridging finance lender and fund manager Montello as a senior adviser.
Patellis was most recently CEO of fellow bridging lender Tiuta plc. He has more than 20 years of experience of both building and managing lending operations in America, Canada, Australia, Germany, and Central America. He was part of the Barclays backed MBO at Preferred Mortgages and its subsequent sale to now defunct Lehman Brothers.
He joins Montello along with Richard O’Toole who was recently appointed a non-executive director and is also on the board of Goldman Sachs Bank (Europe) plc.
He will be based in New York and will help Montello with a number of strategic projects. This will include assessing the viability of establishing an office for Montello in New York (for North America), and implementing a range of internal processes which will assist the Montello grow its business.
Christian Faes, Montello’s managing director, said: “We are excited to have someone of George’s calibre and experience join our team. We continue to see our firm recognised as one of the leading short term lenders in the UK
