has announced that Shelley Connelly will now also oversee short-term lending at the bank in a newly created role, Director of Lending and Credit Operations.
In her expanded role, Shelley will be responsible for the day-to-day management of the lending operations team across both short and long-term lending. She will also work with Chief Lending Officer David Kennedy to oversee the bank’s credit operations, credit decisioning and lending transformation teams.
Shelley has a deep understanding of the needs of brokers and brings a wealth of operational and industry experience to her new role. She will focus on streamlining Masthaven’s operational processes and turnaround times to improve the experience for the bank’s partners.
Shelley’s promotion highlights the bank’s continued commitment to supporting the intermediary market.
David Kennedy, Chief Lending Officer at Masthaven, said:
“Even though we’ve not been able to meet face-to-face for some time now, we remain totally committed to investing in our people. The bank is built on strong teams that need great leaders. Shelley is an example of this strong leadership, and she will bring a wealth of experience and specialist knowledge to her new role overseeing short-term lending.
“It’s also a powerful reminder of the success of our Women in Leadership programme which the bank launched in 2020. Diversity and inclusion are at the top of our agenda at Masthaven, and we believe that creating a more inclusive and representative workplace is not only the right thing to do, but also critical for our success as a business.”
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About Masthaven Bank
Masthaven launched as a retail bank in 2016 and offers award-winning saving and lending products. Prior to that, Masthaven Finance has provided a flexible and personalised approach to bridging loans and secured lending since 2004.
Today, the bank’s knowledgeable and experienced specialists are committed to providing customers with flexible and fixed term savings accounts, bridging loans, development finance and mortgages.
Masthaven was recognised as 2020’s Most Innovative Digital Retail Bank UK by CFI, the third consecutive win for the category. Masthaven won Best Second Charge Mortgage Lender in the Your Mortgage Awards 2018/19 and Customer Service of the Year in the Money Age Mortgage Awards in 2019. It was also awarded Best Specialist Lender in the Moneynet Personal Finance Awards 2019.
Masthaven Finance has featured in 2015’s The Sunday Times’ Virgin Fast Track 100 (at number 81) and the bank ranked 240 in Financial Times’ FT1000 list published in 2017. In 2020 it featured in Forbes as one of the top 10 fastest growing companies in the UK.
The bank is regulated by the Financial Conduct Authority and Prudential Regulation Authority.