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TODAY'S OTHER NEWS

The Northview Group appoints new chief executive

The Northview Group – which consists of the Kensington, New Street and Acenden brands – has announced the appointment of Mark Arnold as group chief executive.

The appointment follows a year of growth for Northview and its ambition to grow mortgage lending in the specialist lending market. Arnold will join the Group on April 10 2018.

Prior to the appointment, Arnold was executive in residence at private equity firm Centerbridge Partners. He previously spent 18 years with GE Capital in various senior management-level roles, including Six Sigma director for GE Consumer Finance UK, chief executive positions at GE Money (Portugal and Romania), Budapest Bank (Hungary), GE Global Banking Asia and Bank of Ayudhya (Thailand).

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Arnold was also responsible for the growth and development of Sberbank Europe’s banking business across eight Central and Eastern European markets after being appointed chief executive officer in 2013, as well as serving on the board of directors of Banca Farmafactoring S.p.A. Italy.

Tim Breedon, executive chairman of The Northview Group, said that Arnold’s extensive experience and knowledge across financial services in the UK and overseas will make him pivotal in supporting the firm’s growth plans for the Group in the years ahead.

“Mark’s broad experience will be key to supporting our strategy of continued mortgage lending growth, which through brands like Kensington Mortgages has been supporting underserved customers for over 23 years,” he said.

Mark Arnold added: “Northview Group brands have built a great reputation in the specialist market over many years. The group has had a fantastic year and I am confident that my experience from around the globe will further support the ambitious growth plans that we have.”

Arnold said the business is well positioned in providing mortgages to customers who are overlooked by mainstream lenders, such as the self-employed, contractors or independent workers, who are an increasing part of the UK working population.

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