Damien Druce (pictured), chief operating officer at the firm, called this decision “the latest step in Black & White Bridging’s evolution”.
Davey was previously a regional account manager with West One Loans, specialising in bridging products for residential and semi-commercial.
He has 24 years of experience in the financial services industry and nearly a decade of expertise in the bridging market. Davey has worked in business development and account management roles with Foundation Home Loans, Seneca Bridging and The Bridging Group.
Druce said: “Strategically, Rick’s appointment highlights Black & White’s commitment to delivering operational excellence and the highest levels of service to its brokers and investors – he brings extensive industry experience to the business along with a passion for building relationships and tonnes of energy.
“Hiring Rick will enhance the company’s presence in the North of England and illustrates our commitment to building a team of experienced professionals dedicated to delivering excellent service to brokers and borrowers.
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“He’s going to play a key role in our growth and in promoting Black & White’s product offering to a wider audience within the intermediary market.”
Davey added: “I can’t wait to get started on my next chapter in the specialist lending space with Black & White. It’s an exciting period of growth for the company, following a record first quarter and £300m lending milestone.
“I look forward to helping the team expand further and hit even greater milestones in the future with the transparent and reliable service for which Black & White is known.”
Last month, the firm hired Lisa Klychkova and Liam Dorrington as investment analyst and assistant accountant respectively.
