Hampshire Trust Bank (HTB) has appointed Chris Daly as managing director of its specialist mortgages division.

Daly (pictured) was most recently head of origination, real estate finance at Secure Trust Bank, leading the formation and development of the Midlands & South origination team. His team provided senior financing of £2-50m for residential, mixed use and commercial investment and development transactions throughout mainland UK.

Prior to that, he was a relationship manager as part of the real estate finance team at Metro Bank and also spent four years at Lloyds Banking Group in a variety of banking roles.

Daly replaces Louisa Sedgwick, who remains in position as managing director and part of the commercial leadership team, responsible for developing the Bank’s proposition.

He said: “I’m excited by this new opportunity and look forward to building on the excellent work of Louisa and her team. While the property finance market is undergoing a period of readjustment at the present time, HTB’s proposition is built on flexibility of approach and quick decision making and is well set to manage any challenges ahead.

“I’m very much looking forward to spearheading HTB’s specialist mortgage division and meeting the ambitious targets in place for 2023 and beyond.”

Charles McDowell, chief commercial director at Hampshire Trust Bank, added: “Louisa and her team have done a fantastic job making our specialist mortgage division a leading light in the market and I’m looking forward to the exciting things to come with both Chris and Louisa as part of the bank’s senior team.”