Enra Group, West One’s parent company, has announced that Stephen Wasserman has stepped down from his role within the business.

Wasserman (pictured) had been managing director of the Group’s bridging division since West One was acquired by Enra Group in 2014.

Following 14 years with the business, Wasserman has decided to take time out before pursuing other commercial interests.

Danny Waters, CEO of Enra Group, said: “Stephen worked hard to help grow our bridging division since we acquired West One. On a personal level I’m sorry to see Stephen depart having worked closely with him for many years, and I wish him all the very best for the future.”

Wasserman added “It was a very difficult decision to leave, but after much thought I decided the time was right to step aside. I believe Enra Group is well-positioned for further growth and has a very bright future as a major force in the specialist lending market.

“I wish everyone all the very best for the future.”