The challenger bank, which launched in 2010, said it plans to double its mortgage lending next year with Morley managing its direct and broker distribution plans.
Metro Bank is ranked outside the UK lending top 20 with latest Companies House figures suggesting it lent £63m in the year to 31 December 2012.
However, in 2013 the bank extended its distribution to select intermediaries for the first time, including Legal & General and Tenet Lime.
Craig Donaldson, chief executive of Metro Bank, said: “It is a pleasure to welcome Charles to Metro Bank. His appointment comes at an important time for us; it follows an extremely successful year and is part of our commitment to grow our mortgage lending even further. Charles’ expertise and superb track record in this field will be an asset to the already strong team.”
Charles Morley, head of mortgage distribution, Metro Bank said: “Since Metro Bank launched in 2010 I’ve been extremely interested by its customer focused proposition and growth in the market. The chance to join a lender that has seen such immense growth and success, and puts the needs of its customers first, is one that I couldn’t pass up.”
Morley was with Kensington for 13 years and when Mortgage Solutions ran the exclusive he was leaving, a spokesman for the bank said “We would like to thank Charles for all of his dedication and hard work.”
