Saffron Building Society has revealed that Tony Hall will be taking on an expanded role as head of business development, following Peter Owen’s decision to retire after nearly a decade with the society.

In his expanded role, Hall (pictured) will also be responsible for Saffron Building Society’s property development team.

Owen, the current head of property development at Saffron Building Society, is retiring this week. Having joined Saffron as head of property development in 2014, Owen oversaw the transformation of Saffron’s development portfolio into the central part of Saffron’s proposition that it is today. Hall’s appointment brings all of Saffron’s front book lending into one place.

Saffron’s property development manager, Matt Hardy, will be taking on a new role as national lending manager – property development, reporting to Hall. Hardy joined Saffron in 2021 and has held a key leadership role within the property development team, working closely with Owen in leading the delivery of development finance funding solutions for both new and existing customers.

Hall said: “Firstly, I would like to thank Peter for his stellar decade of service at Saffron. I am really excited by my expanded remit and I am looking forward to building on Peter and Matt’s success.

“Property development is a central part of the business, and this is a fantastic opportunity to more closely align two of Saffron’s key offerings – something which will benefit developers and brokers alike.”