Second board appointment for bridging finance provider

Second board appointment for bridging finance provider


For the second time in two months, bridging specialists Tiuta PLC have announced on 1st August the appointment of a new Non-Executive Director. 

Andrew Townsend, a qualified accountant by profession, joins the Board of Tiuta, subject to FSA approval.

Steven Nicholas, CEO at Tiuta, said: “It is important for Tiuta that we continue to add depth and experience to our Board and therefore we are pleased to welcome Andrew’s appointment as our newest Non-Executive Director.”

Within the financial services industry, Andrew has held a number of senior executive positions, including co-founder and Managing Director of The Beacon Group. 

He has held positions at executive director level at Southern Pacific Mortgages, First National and the Household Mortgage Corporation (HMC).  He has also worked at Abbey, Lehman brothers and AXA Equity & Law.

Andrew has lent his consultancy expertise to various organisations within and outside the financial services sector as an experienced Non-Executive Director.

Steven Nicholas added: “Andrew brings with him a wealth of experience from the mortgage and lending markets, and he has been instrumental in the growth and development of a number of significant financial services brands. 

“His financial nous and his experience as the head of some major players will add considerably to our business and we are therefore looking forward to him joining the Board and helping ensure that Tiuta continues to grow and develop throughout the rest of the year and into the future.”

This latest appointment follows that of solicitor Simon Engelsman, who joined the Tiuta Board as a Non-Executive Director on 3rd June.


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