Pivotal Growth has appointed Mayank Prakash as the subsequent chief government of the mortgage broker consolidator.
Prakash, who takes up his put up at the beginning of September, was just lately chief working officer at wealth supervisor Evelyn Partners.
He takes over from Simon Embley, who strikes to change into chairman of the consolidator.
The enterprise is a three way partnership established by listed enterprise LSL Property Services and asset supervisor Pollen Street in 2021, with Embley as a founding shareholder.
Over the final 4 years, the enterprise has purchased 19 broker corporations, together with John Charcol and The Buy to Let Broker, buying greater than 500 advisers.
Prakash, pictured, takes up his new put up following roles in monetary companies, know-how and the general public sector.
He beforehand helped scale up digital pensions companies for 13 million prospects for a authorities company, and has held senior posts at Centrica, Morgan Stanley and Sage.
Emberly says: “His [Prakash] appointment marks a pivotal second in our journey to lift market requirements to ship constant, high-quality outcomes for mortgage prospects throughout the UK.”
Prakash provides: “The alternative to unify the fragmented market and utilise AI for each private adviser’s interplay has the potential to remodel the mortgage expertise, which is a key life determination.”
