Avamore adds to senior leadership team
Avamore Capital has appointed Alan Margolis (pictured), former director of bridging at Masthaven Bank, to join its senior leadership team alongside Philip Gould and co-founders Michael Dean and Zuhair Mirza.
Margolis, who will be a director of the business, will play a role in leading Avamore through its next phase of expansion, whilst also overseeing its strategic and operational evolution.
Prior to spending three years at Masthaven Bank, Margolis held the position of director of bridging at United Trust Bank for seven years.
At Avamore, Margolis will lead its management team and be a member of the board and credit committee.
His role will involve developing and executing strategic initiatives while also leading all commercial aspects of the business and identifying opportunities to build upon the business’ infrastructure.
In addition to his role in helping to lead the business, Margolis’ remit will cover areas including systems, processes, and technology, where Avamore’s two main priorities will be to deliver enhancements to brokers, clients and service providers and ensure the reliability and integrity of the business in the longer term.
Margolis will also draw upon his longstanding experience in the sector to guide the commercial direction of the business and work closely with the board to shape the lender’s long-term strategy.
Zuhair Mirza, co-founder and director of Avamore Capital, said: “We have known Alan for many years and are absolutely delighted to have him join the senior leadership team.
“Alan brings a wealth of industry knowledge and relationships with him and we are excited for him to apply his expertise to fast-track our growth further.
“We have a team of ambitious self-starters who have been responsible for Avamore crossing significant lending milestones and being recognised in several industry awards for service and innovation.
“Under Alan’s leadership, we believe this team will go from strength to strength, and we expect that Avamore’s lending volumes will increase substantially.
“Alan’s appointment is an important step in Avamore’s evolution as the we look to increase market coverage, drive efficiencies and deliver outstanding customer service for our borrowing and broking partners.”
Margolis added: “It did not take much persuasion by Zuhair and Michael for me to agree to join them and be part of the next step in Avamore’s journey to become a leading lender in our chosen markets.
“The ambition, energy and incredible quality and drive of the team are a fantastic platform to grow our business.
“Tremendous opportunities are available to specialist lenders that have vision and are prepared to back their staff and their broker partners.
“As part of the executive management team, I will use all my experience and industry connections to achieve and even exceed our ambitions.”