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|Pepper Homeloans Appoints Managing Director|
|Tuesday, 26 January 2016|
Pepper Homeloans, the mortgage lending division of Pepper (UK) Limited, has today announced that on 1st February Colin Snowdon will be joining the organisation as Managing Director.
Colin joins Pepper with a strong track record in the industry, having previously held the position of Chief Executive Residential Mortgages at Aldermore Bank, where he developed the Bank’s mortgage strategy and then went on to build and launch the business. More recently he has been strategic adviser to a number of UK mortgage lenders. Before that Colin launched and developed a number of UK specialist lenders including Wave Lending, Freedom Lending, Verso Ltd and the Mortgage Business plc.
In his new role, Colin will have overall responsibility for the strategy and growth of this relatively new lender.
Colin says “I have been following Pepper Homeloans for some time and am very excited by this fantastic opportunity. Pepper is an established global company and I am looking forward to working with the team to grow a strong intermediary lender.
“Beyond this, I have a real respect for the Pepper culture and approach. I’ve spent my working life in the intermediary lending space developing alternatives to the “one size fits all” approach of the big lenders. I believe there are many opportunities to lend in the many underserved segments of the market and look forward to developing our proposition.
Richard Klemmer, CEO of Pepper UK, says: “Colin is exceptionally well positioned to drive our growth in lending. His excellent experience and knowledge of the marketplace mean that he can help strengthen our existing relationships and form new ones – facilitating our expansion strategy and increasing our exposure to intermediaries.”
The Pepper Group was founded in Sydney in 2001 and has since expanded across Australasia and Europe. The company now has over £23 billion of assets under management, nearly half of which is in the UK.
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