MT Finance has announced the promotion of Gareth Lewis to deputy chief executive officer, consolidating his role across the wider group.

Lewis (main picture), who joined MT Finance in 2018 and has served as managing director since then, steps into the newly created post with immediate effect.

During his tenure, Lewis has been central to the group’s product evolution, including the launch of regulated bridging, buy-to-let and commercial finance offerings. He has also played a key role in securing over £2.5 billion in funding from multiple institutional partners.

He guided the lender through a number of challenging periods, including the disruption of the COVID-19 pandemic and the market volatility triggered by the 2022 ‘mini budget’. His expanded remit will now encompass oversight of the entire MT Finance Group.

Joshua Elash, director and founder of MT Finance, said: “Gareth has been with us for seven years and has been a huge part of the growth and success we have enjoyed during this period. He has come to epitomise our core values and is incredibly well respected both internally and throughout the market.

“We are looking forward excitedly to what we can continue to achieve under Gareth’s leadership in the years to come. It is a natural step for Gareth to assume the role of deputy chief executive officer, and we are extremely confident that he will be exceptional.”

Lewis added: “I am honoured to have been promoted to deputy chief executive officer. I am extremely proud of everything we have achieved over the past eight years and am grateful to be able to work with such a dedicated team.

“I am looking forward to leading MT Finance on our growth journey in the months and years ahead.”