Hampshire Trust Bank (HTB) has promoted Scott Apps to the new role of head of distribution within its development finance division.

In his new role, Apps (pictured) will be responsible for expanding the bank’s share of the development finance market by overseeing its intermediary partners. He will also ensure the bank’s proposition is further improved, as well as engaging with both internal and external stakeholders.

He has worked in the specialist finance arena for over a decade, joining HTB’s development finance division in December 2021 as a business development director.

As head of distribution, he will report to Alex Upton, managing director, development finance.

Apps said: “I’m excited to be taking on this new role as we further grow our market share and presence through our brokers and intermediary relationships. This is an exciting challenge for us, and we believe we can continue to deliver quality lending and market-leading service to our intermediary partners and, most importantly, quality homes and projects across the country.”

Upton added: “Distribution is a key focal point for us as we look to ramp up our development finance lending and distribution footprint, and Scott’s appointment is pivotal to this.

“In his previous role as business development director Scott built strong relationships with our key partners. He is ideally suited to build on this, working with our intermediary partners to expand both the proposition and HTB’s market share in the development finance space, whilst ensuring the high levels of service we are known for.”