HTB hires development finance senior portfolio manager

Davies has over 12 years’ experience in the property finance sector and joins after eight years at Aldermore Bank, where he was senior client relationship manager in the property development team.

Prior to this role, he was a business manager for Barclays Business.

In his new role, Gavin will support John Archbold, HTB’s head of portfolio management, in the formation of the bank’s dedicated portfolio management team, which will be responsible for actively managing the live property development loan book.

Davies said: “I am extremely excited and proud to be joining HTB at this time. The business is dynamic, forward thinking and ambitious. I’m looking forward to helping them achieving success in the future.”

Alex Upton, managing director, development finance, HTB, added: “I’m very pleased to welcome Gavin to the development finance team. His experience will prove invaluable when dealing with development clients and managing the loan book.

“Gavin’s appointment further bolsters our already strong development finance team which is providing great products and service to the developer community across the country.”

HTB has seen a number of comings and goings in recent months. Last week, Specialist Lending Solutions reported that the bank had appointed Alex McMillen as BDM within its bridging division.

In January, it hired Lorenzo Satchell as its head of sales for its bridging division, while a few weeks earlier, it parted company with managing director for specialist mortgages Louisa Sedgwick.