CHL Mortgages has appointed Sunny Lo as its new finance director, replacing Ludwig Krause.

Lo held the same position prior to leaving CHL six years ago. He rejoins from Swift Advances, and at CHL will be responsible for the company’s finance team and all areas relating to CHL’s financials including treasury, budgets, business plans, strategy and performance.

Bob Young, managing director at CHL Mortgages, said: “We recently stated we were looking to re-employ a number of individuals who had previously worked at CHL and we are obviously delighted to count Sunny back in with a number of other employees.