Aspen Bridging appoints finance director

Aspen Bridging has appointed Manjeet Bhogal (pictured) as finance director.

Bhogal previously worked for Aspen’s parent company S&U PLC in positions of financial accountant and company secretary.

In the new role, Bhogal will monitor and forecast business performance and will be involved in overseeing the administrators for fund releases on loans and drawdowns.

Jack Coombs, director at Aspen, said: “This year will be remembered as a watershed moment in our history, we will double our loan book and the average loan size has risen over 50% to circa £900,000.

“To maintain this growth and plan for the future it is imperative we have the right people in senior positions.

“We’ve known Manjeet for many years and she has got the skillset to really make a positive impact on our business, her grounding in the credit market and knowledge of S&U PLC’s operations gives her an in-depth knowledge and experience which is second-to-none.”

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