Molo has appointed Lynne French as chief operations officer as the specialist mortgage lender looks to support continued growth and expand its intermediary distribution capability.
French (pictured) joins Molo from Chetwood Bank, where she was director of secured lending operations and oversaw the lender’s CHL Mortgages for Intermediaries and Moda Mortgages brands.
She was responsible for lending operations, process efficiency and customer outcomes, while developing strategic partnerships across the business. Before joining Chetwood Bank, she held senior roles at Masthaven Bank, Magellan Home Loans and Fleet Mortgages.
In the newly created role, French will lead the scaling of Molo’s operational platform to support increasing demand for its mortgage products while maintaining service standards for brokers and their clients. She will also oversee the development of the lender’s strategic partnerships with OMS and LMS as part of its growth plans.
The appointment follows further changes to Molo’s senior leadership team. Martin Sims, distribution director, has joined the executive leadership team, reflecting the firm’s focus on intermediary distribution.
The leadership team is led by Matt Kimber, chief executive of Molo and ColCap UK, alongside Ryan Benton, finance director; Paolo Tanca, UK treasurer; Rebecca Connor, chief technology officer; Julie Eastty, head of compliance; Roy Armitage, director of servicing; and Sharon Sohal, head of people.
Matt Kimber, chief executive of Molo and ColCap UK, said: “We have built a strong presence in the market and are seeing growing demand from our broker partners. Excellent service and continued evolution of our Platform to support their needs is key to our proposition and Lynne brings the operational strength to scale effectively and make the most of the opportunities ahead.
“With a strengthened leadership team, including both operations and distribution, now represented at executive level, we are well positioned to accelerate our growth plans.”
French added: “Molo has established strong foundations in the specialist market, and I am excited to be joining at such a pivotal point in the growth of the business.
“My core focus is on scaling the operation with discipline and pace through strengthening delivery and ensuring we consistently meet the needs of our broker partners. I look forward to working with the team to build on this momentum and take the business into its next phase.”
