Tony Gilbertson, CEO at Signature, commented on the appointments: “It is gratifying when a business like Signature can bring on board individuals of the calibre of David and Nigel, with their vast experience shaped by long careers in a variety of finance-based roles.
“To some, it might appear odd to make two such strong appointments at the same time, but this reflects the distinct difference in their roles and how we believe each can strengthen our businesses with the unique skills each possess.”
David has 40 years of experience in finance roles and holds other current positions as chairman of an online retail-point-of-sale finance company and a non-executive director role with a specialist SME asset finance company.
“Signature is a well-managed business with a good senior team and great potential, that has a clear plan for growth,” said David.
“I expect considerable change to the market in the months ahead as we return to ‘business as usual’, whatever that looks like in a few months, and Signature will emerge stronger, with an enhanced reputation for having looked after its clients through the challenges of the coronavirus lockdown.”
Nigel brings with him sector experience in mortgages, mortgage broking, insurance, savings, P2P lending and legal services.
“It’s a good time to join Signature as it begins the next chapter in its story, and I’m confident my knowledge of the market and the people within it will open the right doors to help deliver the projected growth,” commented Nigel.
“It’s hard for businesses to look forwards with optimism given what’s happening in the world, but the property market will bounce back as it always does.”
In January, Tony and his senior management team successfully completed a £16.8m management buyout of the business.
This secured new investment from Foresight Group LLP, an independent private equity and infrastructure investment manager.
In the eighth issue of Bridging & Commercial Magazine, we interviewed Tony about the buyout and how it will shape the lender’s growth in the future.
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