Luxmore has been with Aldermore since 2012 and was previously senior lending manager in the commercial mortgages team.
She has over 20 years of experience in commercial real estate and residential letting, and has worked at RBS, Bank of Scotland and Yorkshire Bank.
Luxmore will lead the commercial lending activity across intermediate and direct distribution channels, and will be working from Aldermore’s Birmingham office, reporting to Carl D’Ammassa, group managing director of business finance.
D’Ammassa commented: “We have seen sizeable growth in our business finance lending over the last few years, and our commercial mortgages offering is an important part of our ongoing plans to support more businesses with more products and services than ever before.
“Caroline’s vast experience will help us drive the business forward. She is a great asset to the team,” he added.
Luxmore added: “I am delighted to be offered this fantastic opportunity to lead and develop the Aldermore commercial mortgages proposition and bring us closer to becoming a market leader.
She continued: “By introducing increasingly competitive products and an improved service, I know this ambition is very much in our grasp.”