Paul Rumbold quits Cheval

Paul Rumbold, sales and operations director at Cheval Property Finance Plc is to leave the company because of personal reasons.

Ellis Sher, managing director at Cheval, says: “We would like to wish Paul all the best for the future. We understand his desire to be closer to his family in Manchester and while we are sorry to see him go, we are in a tremendous position to move the company forward. We are investing heavily in technology and people to cement our position as the countrys leading provider of bridging finance.”

Rumbold says: I am sorry to be leaving Cheval at such an exciting time in its development, and I wish it every success in the future. I wish to pursue other opportunities, and I am looking forward to new challenges.

Whilst the company has not yet named Pauls replacement, marketing manager, Mark Posniak will continue his work in developing the Cheval brand.