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Octopus’ Mark Posniak and Matt Smith leave firm


Octopus Property managing director Mark Posniak and director of risk and recoveries Matt Smith are leaving the business.

Octopus Property head Mario Berti will continue as leader of the firm.

Berti says: “Mark and Matt will leave with our very best wishes. They have helped us to build a team of over 40 experienced lending professionals and lay the foundations for the long-term success of Octopus Property.

“We would like to thank them both for all their hard work over the years and wish them the very best for the future.”

Posniak says: “I have thoroughly enjoyed my time with Octopus Property and am very proud of the success we have achieved to date.

“While I am excited about the future, I leave behind a hugely talented team and a great business with a fantastic future ahead of it.”


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Company sick pay – new findings

Research by insurer LV= suggests that some 11 million employees in the UK have no company-paid sick leave entitlement. So if an employee from within the above grouping cannot work through illness or injury for any period of time, their only income would likely be that provided by state benefits alone.


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