Colin Snowdon is to join Pepper Homeloans as its managing director on 1 February.
In his new role, Colin will have overall responsibility for the strategy and growth of this relatively new lender.
He was previously chief executive for residential mortgages at Aldermore Bank, and more recently he has been strategic adviser to a number of UK mortgage lenders. Before that Snowdon launched and developed a number of UK specialist lenders including Wave Lending, Freedom Lending, Verso Ltd and the Mortgage Business plc.
Snowdon said: “I have been following Pepper Homeloans for some time and am very excited by this fantastic opportunity. Pepper is an established global company and I am looking forward to working with the team to grow a strong intermediary lender.
“Beyond this, I have a real respect for the Pepper culture and approach. I’ve spent my working life in the intermediary lending space developing alternatives to the ‘one size fits all’ approach of the big lenders. I believe there are many opportunities to lend in the many underserved segments of the market and look forward to developing our proposition.”
Richard Klemmer, CEO of Pepper UK, added: “Colin is exceptionally well positioned to drive our growth in lending. His excellent experience and knowledge of the marketplace mean that he can help strengthen our existing relationships and form new ones – facilitating our expansion strategy and increasing our exposure to intermediaries.”