Charles Street hires BDM for Midlands and South West

Charles Street Finance has appointed Amjad Ibn-Abdul (pictured above) as a BDM for the Midlands and South West.

Amjad, who brings almost 25 years of experience in financial services, will be responsible for growing Charles Street’s regional presence as the lender plans to grow its loan book to £1bn.

He joins from Lakeshield where he was a BDM, and has previously held roles at Rainstone Money, HSBC,  Lloyds and RBS. He also worked alongside Charles Street’s sales director Carl Graham at Tuscan Capital, now part of Allica Bank.

In his new role, Amjad’s focus will be on expanding his network of intermediaries and direct clients, offering a flexible range of commercial finance products such as unregulated bridging loans, commercial and semi-commercial term products, BTL mortgages and revolving credit facilities (RCF).

He said: “It’s great to be joining a team with such enthusiasm, and to see their eagerness and motivation to get deals done as we build the loan book over the longer term.

“There is a huge opportunity in the Midlands and South West. Birmingham is the UK’s second city and has a young and entrepreneurial demographic looking for investment, development and refurbishment opportunities.”

Carl commented: “Amjad is well known in the industry and is really well connected to an established network of clients and brokers, so will be a fantastic addition to the team as Charles Street continues to grow its presence in a key region.

“He’s well positioned in the Midlands to serve not only major cities such as Birmingham but also the wider region including the M5 corridor and South Wales.

“Amjad brings vast amounts of knowledge, skill and experience to his new role and it’s a pleasure to work with him again.”