Martin Frazer has been appointed by Oakwood Global Finance as its commercial director.

He is tasked with assisting the firm the target banks, institutional investors and lenders of mortgages and other asset classes.

Oakwood Global Finance conducts regulated activities through its affiliated group company, Engage Credit Limited, a UK servicer in residential mortgages.

Frazer joins Oakwood from Acenden, where he oversaw the company’s 2010 rebrand from Capstone following the break-up of parent company Lehman Brothers.

Prior to Capstone, Frazer spent 20 years within Scarborough Building Society Group, latterly as commercial director.

“Martin is very well known in our industry and is connected at the highest level, both with lenders and with investors,” said Richard Klemmer, Oakwood partner.

“He is experienced in portfolio trading – one of our core activities – from his time at Scarborough, where he ran North Yorkshire Mortgages, an asset trading entity that sold GMAC books among others.

“He is also experienced in dealing personally with lenders, having been in charge of all external communications in his previous role. He is ideally placed to take Oakwood forward.”