MT Finance is pleased to confirm the appointment of Chris Patrick to the Board as the lender’s “first ever” non-executive director.
Chris has “forged a long career in the private equity, finance and investment banking world,” according to an update shared with CI.
Chris has a lot of experience, most recently with Anacap, which he joined back in 2008. Prior to this he spent around 10 years working with Lehman Brothers where he was serving as MD and Head of Principal Finance – European Structured Products.
Chris has considerable capital markets experience as well, “in particular structured finance and principal investing, having held senior roles at Credit Suisse, Nomura International and Goldman Sachs, where he began his career.”
Chris has worked with MT Finance before, “playing a critical role in negotiating the management buyout in March, with the-then minority shareholders,” the announcement revealed. He joins MT Finance with “a view to assisting in the rollout of its ambitious growth plans, with a particular focus on the company’s ESG initiatives, funding strategy and continued investment into technology.”
Joshua Elash, Director at MT Finance, stated:
“We have known Chris for a while and are delighted to welcome him to the Board of Directors. Chris brings energy and experience to the Board and is strongly placed to assist us in our goal of becoming the leading provider of specialist property finance in the UK.”
Chris Patrick remarked:
“I am delighted to be joining the Board of MT Finance and look forward to helping this award winning, ambitious business achieve its objective of becoming the UK’s leading property finance provider through its focus on creating value for all of its key stakeholders: customers, employees, and the wider society in general.”
As mentioned in the release, MT Finance is a property finance lender focused on short term loans, including auction finance and bridging loans. Their reputation in the market “excels for delivering fit-for-purpose short-term loans at speed, and [their] approach to lending is something [they] have been consistently recognized for within the financial services industry.”