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OneSavings Bank boss joins LendInvest as firm eyes mortgage market

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  • 17/06/2016
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OneSavings Bank boss joins LendInvest as firm eyes mortgage market
The former executive chairman of OneSavings Bank has joined LendInvest as a senior adviser to guide the company on moving into the mainstream mortgage market.

Stephan Wilcke has 25 years’ experience in financial services and worked with OneSavings Bank until it floated on the stock market in London in June 2014.

Under his guidance, the bank’s management team transformed the bank into an institution worth over £410m at the time of its flotation. He stayed on the bank’s board as non-executive director until May 2016.

Wilcke was chief executive of HM Treasury’s Asset Protection Agency from 2009 to 2012, and is currently commissioner of the Jersey Financial Services Commission and chairman of guarantor lending business Amigo Loans.

“I have been incredibly impressed by what LendInvest has achieved,” said Wilcke. “They are building a company with a distinctive culture that blends maturity with a desire to do things differently.”

Christian Faes, co-founder and chief executive of LendInvest, said the company had made no secret of its goal to be a mainstream financial services brand.

“The financial services world is one that’s subject to ever-growing layers of regulation, with new entrants like us under intense scrutiny,” said Faes. “An open door to Stephan’s battle-hardened skills and extensive network will be invaluable to us as we continue to grow.”

Wilcke has been a personal and professional investor in LendInvest for several years.

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