Conti Financial Services has appointed David Wells as its new business development director, with effect from January 2005.
The move is designed to help steer the firm through its next phase of expansion.
Wells has extensive experience of the overseas property market, having served as chairman and managing director of Abbey National France from 1999-2004, the culmination of a 31-year career with Abbey, both in the UK and internationally.
As chairman and managing director of Abbey National France, Wells led the management team that transformed the French banks profitability.
The firm says his appointment heralds a new phase in the development of CFS, which has successfully established a leading position in the rapidly evolving overseas mortgage market.
CFS now provide a mortgage service in more than 25 countries worldwide, including Eastern and Western Europe, Central and North America and the Caribbean, Canada, the Middle East, Australia and New Zealand.
Wells will work closely alongside CFSs managing director Simon Conn, who founded the company ten years ago.
Wells says: “This is an exciting time in the history of CFS. I have witnessed first hand the quality of service provision that CFS has enjoyed over a number of years, and have seen it grow to its leading position in the overseas mortgage marketplace, due to the commitment of Simon and his excellent team.
“My role will be to ensure that CFS build on this success by further cementing and developing partnerships with broker networks and intermediaries and to expand relationships with other specialist partners in a drive to ensure that overseas property buyers receive wholly independent expert guidance right through the purchasing process.”
Conn says: “Davids appointment marks a watershed for CFS, and the beginning of a prolonged spell of consolidation and development to further strengthen our position as the leading supplier of overseas mortgages.
“Davids outstanding record of achievement in the overseas mortgage market makes him the perfect choice to help steer CFS to even greater success as the overseas property market develops.”