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Pepper UK strengthens senior team in growth bid

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  • 30/04/2015
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Pepper UK strengthens senior team in growth bid
Pepper UK has promoted former chief operating officer Gerry McHugh, to the newly created role of managing director, residential servicing.

McHugh’s (pictured) responsibilities will includes end-to-end oversight of the residential servicing business covering operational, client and risk management.

Pepper Homeloans launched into the UK market in December and its mortgage servicing business now has almost £9bn in assets under management with £7.6bn of this from residential lending.

The group has split its UK operations into separate business lines, with the original core operation of residential mortgage servicing to be managed by McHugh.

Richard Klemmer, CEO of Pepper UK said: “Gerry has played a pivotal role in the rapid growth of our business. His vast experience and deep relationships in the mortgage market have proved invaluable to our clients in recent years. Residential Servicing is a key area for growth for Pepper UK and I’m very confident Gerry will continue to deliver for both Pepper and our clients as the business expands.”

McHugh added: “I’m excited to be taking leadership of a strong and experienced team in Residential Servicing who have grown the business so successfully in recent years. I look forward to building on this success and driving added value for our clients.”

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