Abbey Business has appointed Steve Andrew as its regional business development manager for the South-West.
He will be responsible for looking after Abbey's commercial mortgage customers in the region, taking over from Howard Smith who has been promoted to national sales manager.
The company says it saw excellent growth in lending in 2003, and Andrew's appointment will further strengthen the already successful commercial mortgage team.
His financial career began with Barclays and for the past three years he has worked for Independent Commercial Finance where he specialised in the UK's commercial mortgage market.
He says: “Abbey Business is a progressive lender who is keen to make a deal work and as a result are a refreshing alternative to many other mortgage lenders.
“The team offers a good blend of experience and enthusiasm. It covers almost every sector and really understand both the direct customer and the seasoned intermediary, and are happy to advise the newer entrants to the market.”
The commercial mortgage broker team at Abbey consists of: Paul Ragbourne, regional business development manager for the South East, Keith Litherland – Midlands and Tom Hodgson – North.
Another direct result of the success of Abbey's commercial mortgage team has been the need to open up regional offices to cater for the demand.
Andrew Turzynski's role as senior business manager has been expanded and he is now responsible for the regional offices and teams. The first regional office will be opened in the South West in the latter part of 2004, headed up by Kevin Higgins, with offices in the South East, the North and the Midlands being opened throughout 2005.
Mark Stephens, head of commercial mortgages at Abbey Business, says: “The new structure and regional teams are key to expanding the mortgage business, and will help Abbey increase its focus on the service it provides to customers and improve opportunities for its people.”