TAB has announced the promotion of Andy Reid to sales director.
This promotion is part of a broader series of strategic updates to TAB’s leadership, business development and underwriting teams.
These include the appointment of Nick Robinson as chief financial officer (CFO), the restructuring of the business development manager (BDM) team, and new additions to the underwriting department to support TAB’s growth.
Reid joined TAB in January 2024 as a senior sales account manager, where he has played a pivotal role in driving new business across TAB’s product range and increasing awareness among brokers in the Midlands.
In his new role, Reid will lead TAB’s sales operations, collaborating with the sales and marketing teams to expand the company’s reach while maintaining and strengthening broker relationships.
Reid said: “I am excited to take on the role of sales director at TAB, where I will have the opportunity to lead both our external and internal sales teams. This responsibility will allow us to further elevate the business and drive continued growth within TAB.
“The remarkable increase in business we’ve seen over the past two quarters, funding more cases in the last six months than we did throughout 2023, speaks to our lending capabilities and underscores our strong reputation within the specialist lending sector.
“Collaboration will remain a key focus, as we work closely with our broker network, introducers, and third-party relationships to ensure we engage the most suitable lawyers and valuers to streamline the process from the outset.
“The seamless integration of all parties involved is vital, and I am fortunate to be working alongside such a dedicated team at TAB. I am incredibly grateful to Duncan, Stephen, and Nick for their trust and support in my ability to drive the business forward to new heights.”
NICK ROBINSON
Robinson, TAB’s new CFO, has previously held roles as the finance lead for new, high-growth divisions of large organisations like Mastercard, where he also reported to the Bank of England as a regulated CFO.
He said: “I am looking forward to working with everyone at TAB, continuing the journey of scaling processes and systems across the business to capture the growth opportunities ahead. I like to roll up my sleeves and get stuck in, so do pull me in – I always have time to explore ideas and help develop initiatives.”
As part of the restructuring of the BDM team, TAB has introduced new roles to enhance regional coverage and client service. Sophie Meller has been appointed as national account manager in the South, Martyn Evans as national account manager in the North, and Yohann Ifrah joins as junior business development manager.
TAB has also welcomed Barry Richardson as senior underwriter. He brings nearly 20 years of experience in the secured finance sector, having held roles at Shawbrook Bank, West One Secured Loans, and NHBC.
Richardson said: “Prior to joining TAB, I spent two years as a senior bridging underwriter at Shawbrook Bank, where I gained valuable experience in the specialist lending sector. Prior to that, I spent seven years at West One Secured Loans, working across various roles. I initially started in Bridging, where I met Duncan and Stephen, before moving onto the buy-to-let side, where I ran the broker desk and led an underwriting team.
What excites me most about my role at TAB is the opportunity to contribute to its next phase of growth. The last 12 months have seen an incredible surge in new business, and I’m eager to play a key role in helping the team build on this momentum and achieve even greater success moving forward.”
