From today, Black & White Bridging will transition to a C-suite structure and has introduced executive roles.
John Bigwood has joined the lender as CFO, bringing experience in financial management, with a focus on modernising processes with technology and efficiency.
David Tropp has been hired as chief investment officer, which the company said demonstrated its commitment to strategic capital deployment and expansion.
Damien Druce has transitioned from his role as commercial director to the newly created position of chief operating officer. The firm said this aligned with his expertise and reinforced the company’s operational capabilities and long-term strategic plans.
Black & White Bridging said the move from a managing director and finance director structure to being led by a chief executive and CFO indicated its transition from a “high-growth phase to a strategic scaling model”.
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In February, it added four members to its relationship team as part of its plan for growth.
Martyn Smith (pictured), chief executive of Black & White Bridging, said: “This restructuring is crucial in ensuring Black & White is well-positioned for the future. As our business matures, we need a leadership structure that allows us to focus on strategic growth, efficiency, and innovation.
“John’s appointment, along with David’s, strengthens our ability to navigate the evolving financial landscape while delivering exceptional value to our clients and investors.”
The company said further senior appointments were due to be made in the future.
