Paul Welch opens Singapore operation

Published on

singapore2

Paul Welch, CEO of Largemortgageloans.com and founder of MillionPlus Private Finance, has hired Carl Clump as non-executive chairman, Asia Pacific, to develop the group’s business in that region from its new office in Singapore.

Clump will work with both Largemortgageloans.com, the specialist mortgage broker for high net worth individuals, and MillionPlus Private Finance, which arranges private finance facilities in excess of £1 million for international entrepreneurs, business leaders and professionals and their families across all asset classes, including aviation, marine and property finance.

He aims to develop the business quickly through a combination of partnerships and recruitment.

Welch said: “Carl Clump has built and sold a number of multi-million pound businesses, is well-connected and respected in the Asia Pacific region, and is the perfect fit with the entrepreneurial culture of Largemortgageloans.com and MillionPlus Private Finance.

“I look forward to the Asia Pacific region becoming an increasingly important component of our business.”

Clump said: “I am delighted to be joining Paul’s organisation and look forward to being a part of its ambitious growth plans in Asia Pacific. The group’s experience and extensive network of global relationships with private banks is a powerful combination.

“Both brands, Largemortgageloans.com and MillionPlus Private Finance, are well-suited to the ever increasing number of High Net Worth and Ultra High Net Worth individuals in the region.

“The business delivers truly independent, bespoke solutions of value to its discerning customers, providing proactive advice while dealing with all aspects of clients’ circumstances.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Third of SMEs forced to pause business activity due to lack of finance

Nearly one in three UK small and medium-sized enterprises have been forced to stop...

Cost of setting up a home ‘falls below inflation’

The cost of establishing a new home has risen at a significantly slower pace...

Santander cuts mortgage rates across the board

Santander has reduced interest rates on a wide range of its residential mortgage products...

Accord lowers buy-to-let mortgage rates

Accord Mortgages is reducing rates across its buy-to-let product range, as part of a...

Investor secures £1.3m loan to expand assisted living portfolio

An experienced property investor has secured a £1.3m loan from Redwood Bank to support...

Latest opinions

FCA’s mortgage rule changes: it’s time to raise the advice bar, not drop it

The FCA’s move to relax some of the rules around mortgage switching and term...

Tom Bill: Unintended consequences

Former Prime Minister William Pitt the Younger introduced a brick tax in 1784 to...

U.S. Market: lower rates are needed to help unlock the market

When Donald Trump was reelected and took office at the start of this year,...

Mortgage advice in jeopardy as FCA reopens the door to execution-only

Execution only and FCA’s consultation has been playing on my mind. Having navigated decades...

Other news

Third of SMEs forced to pause business activity due to lack of finance

Nearly one in three UK small and medium-sized enterprises have been forced to stop...

Cost of setting up a home ‘falls below inflation’

The cost of establishing a new home has risen at a significantly slower pace...

Santander cuts mortgage rates across the board

Santander has reduced interest rates on a wide range of its residential mortgage products...