Signature Private Finance, the privately-owned principal lender, has confirmed Tony Gilbertson as its new CEO.
Gilbertson undertook the role on an interim basis for the previous six months and has overseen a surge in demand for short-term property finance that ensured the firm enjoyed its best six-month period.
Signature is majority owned by funds managed by Cabot Square Capital LLP. Tarun Sharma, partner at Cabot Square Capital, said: “Tony is a very capable and experienced financier. He not only demonstrates a strong understanding of every aspect of short-term property finance, but has practical experience of property development.
“Signature’s loan book has trebled in the first half of 2016, we expect great things from Signature in the years ahead and are confident Tony and his team will deliver the growth needed.”
Gilbertson added: “Shaping the future of the business is important, but I never lose sight of the need to analyse every deal carefully and deliver quick decisions to our clients. This is a time-sensitive business.
“There are no special tricks to growing a business like Signature; it’s just a matter of delivering a range of products tailored to the needs of our clients and making pragmatic decisions quickly. It is clear, brokers and clients like what we do and the way we do it.”