Pivotal Growth has appointed Mayank Prakash as the subsequent chief government of the mortgage dealer consolidator.
Prakash, who takes up his publish at the beginning of September, was lately chief working officer at wealth supervisor Evelyn Partners.
He takes over from Simon Embley, who strikes to turn out to be 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 dealer corporations, together with John Charcol and The Buy to Let Broker, buying greater than 500 advisers.
Prakash takes up his new publish following roles in monetary companies, know-how and the general public sector.
He beforehand helped scale up digital pensions companies for 13 million clients 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 boost market requirements to ship constant, high-quality outcomes for mortgage clients 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 rework the mortgage expertise, which is a key life resolution.”
