Chetwood Bank has introduced the appointment of Alan Cleary as interim managing director of its mortgages division.
Cleary will take over within the driving seat from Andrew Arwas, who has stepped down from the role.
Cleary, who has labored in specialist lending for greater than 30 years, is greatest recognized for co-founding Charter Court Financial Services, which merged with OneSavings Bank (OSB Group) in 2019.
He led the Precise Mortgages, Kent Reliance for Intermediaries, and InterBay Commercial manufacturers till saying his retirement from the business in 2021. He was named as chair of the Chetwood Bank’s mortgage advisory board in 2024.
Arwas was one of many unique founders of the enterprise in 2016 and fulfilled quite a lot of roles, together with head of supply and company growth, and director of transformation. As managing director of mortgages, he oversaw the launch of the ModaMortgages proposition and the acquisition and integration of CHL Mortgages for Intermediaries.
Chetwood Bank will identify a everlasting successor to Arwas in the end.
Commenting on his appointment Cleary stated: “The imaginative and prescient Chetwood Bank has for growing funding into the purchase to let market and dealing with brokers to assist much more of their landlord purchasers persuaded me to come back out of retirement, so I’m delighted to have the ability to step up and assist steer the financial institution via the subsequent stage of its development journey.”