Chris Daly has been appointed managing director of Hampshire Trust Bank’s specialist mortgages division.

Daly was most recently head of origination, real estate finance at Secure Trust Bank, which involved leading the formation and development of the Midlands & South origination team. In this role, his team provided senior financing of £2-50m for residential, mixed-use and commercial investment and development transactions throughout mainland UK.

Before that, Daly held the position of relationship manager as part of the real estate finance team at Metro Bank, while he also spent four years at Lloyds Banking Group in a range of banking roles.

Daly will, as managing director of specialist mortgages at the bank, be charged with driving the business forward and ‘maintaining the strong growth and risk management discipline the division has become known for’.

He replaces Louisa Sedgwick, who remains in position as managing director and part of the commercial leadership team, responsible for developing Hampshire Trust Bank’s proposition.  

“I’m excited by this new opportunity and look forward to building on the excellent work of Louisa and her team. While the property finance market is undergoing a period of readjustment at the present time, HTB’s proposition is built on flexibility of approach and quick decision making and is well set to manage any challenges ahead,” Daly said.

“I’m very much looking forward to spearheading HTB’s specialist mortgage division and meeting the ambitious targets in place for 2023 and beyond.”

Charles McDowell, chief commercial director at Hampshire Trust Bank, added: “Louisa and her team have done a fantastic job making our specialist mortgage division a leading light in the market and I’m looking forward to the exciting things to come with both Chris and Louisa as part of the bank’s senior team.”