Mortgage Brain has announced that Zahid Bilgrami has been appointed as group CEO and should join the business in April.

Bilgrami (pictured) joins the technology firm having spent 11  as CEO at Defaqto. Following the acquisition of Defaqto by SimplyBiz, Bilgrami led its integration within the SimplyBiz Group.

He was previously a senior manager in Andersen’s business consulting division, and at Balfour Beatty where he helped the board shape group strategy and led and managed acquisitions.

Peter Hill, Mortgage Brain’s chairman, said: “I’m really pleased to welcome Zahid to Mortgage Brain. He brings a wealth of experience and knowledge to the business as a well-respected CEO with a proven track record. Zahid joins at an exciting time for Mortgage Brain where over the past year we have transformed the market through delivering more new technology and with still more to come.”

Bilgrami added: “I am delighted to take on the helm of Mortgage Brain from Mark’s stewardship. The business is well placed to provide new innovative fintech solutions into the mortgage and adjacent markets. I will be joining a dynamic management team which is eager to deliver ground-breaking propositions for the benefit of our customers.”