Ian Lonergan

Precise founder becomes Chetwood Financial group chair




Chetwood Financial has appointed Precise Mortgages founder and former CEO Ian Lonergan (pictured above) as its new group chair.

Ian has worked in financial services for over 30 years, during which he held positions at GMAC, AMP, Ernst & Young and Charter Court Financial Services — the parent company of Precise Mortgages and Charter Savings Bank, where he worked as CEO.

He has been collaborating with Chetwood on ModaMortgages since 2021, playing an instrumental role in the strategy, design and launch of the new specialist BTL mortgage business.

In his new role, Ian will provide effective leadership of the company’s board, offering strong strategic oversight for Chetwood’s growth and bringing forward new proposals to ensure the digital bank continues as a progressive force.

Commenting on his appointment, Ian said he was delighted to take up the new role.

“I have seen first-hand that Chetwood is committed to finding smarter, faster and simpler ways to help people financially," he added.

“The upcoming launch of ModaMortgages is very exciting, but across the board, Chetwood is delivering products that truly stand out in a financial services sector that can often be slow and inflexible.”

Andy Mielczarek, CEO and founder of Chetwood, added: “We’re really pleased to now have [Ian] as our group chair — he brings an immense amount of financial services experience and knows how to help companies scale at pace, while offering an exceptional customer experience.

“He will undoubtedly help us forge new ground and accelerate our mission to find better ways to deliver financial products.”

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