Masthaven, the UK bridging loans and development finance bank, has appointed Shelley Connelly as short-term lending director. This new role will encompass lending and credit operations, with the aim of improving processes for brokers.
This is an expansion of Shelley’s current role, which will see her taking on responsibility for the daily management of the lending operations team, for short and long-term lending. Chief lending officer David Kennedy will work alongside her to oversee credit operations, credit decisioning and lending transformation teams.
Another aspect of this enhanced role will be to improve experiences for the bank’s partners, by improving turnaround times and streamlining operational processes.
David Kennedy, chief lending officer at Masthaven, said: “Even though we’ve not been able to meet face-to-face for some time now, we remain totally committed to investing in our people. The bank is built on strong teams that need great leaders. Shelley is an example of this strong leadership, and she will bring a wealth of experience and specialist knowledge to her new role overseeing short-term lending.
“It’s also a powerful reminder of the success of our Women in Leadership programme which the bank launched in 2020. Diversity and inclusion are at the top of our agenda at Masthaven, and we believe that creating a more inclusive and representative workplace is not only the right thing to do, but also critical for our success as a business.”
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Last month, Masthaven updated its residential range with rate reductions and more flexible criteria.