Bevan Money appoints new CEO  

Bevan Money, the lender due to launch later this year, has announced it has appointed Brian Brodie as Chief Executive.  

Brodie joins the firm from Freedom Finance, where he worked for eight years as Group Chief Executive and most recently as Chair. He has also worked as a senior advisor at Pollen Street Capital and held director roles at Virgin Money, Royal Bank of Scotland, Bank of Scotland and estate management business HML.    

The lender has also announced that Mel Lane, who has helped develop the business, will take on the role of Deputy Chief Executive.  

The firm says that it plans to become a bank raising retail deposits to fund its highly focused mortgage lending criteria. Bevan will distribute mortgages exclusively through the intermediary channel, adding valuable product diversity and choice to brokers and helping them to convert more applications into completions.”  

Bevan Money Deputy Chief Executive Lane said “What we need at Bevan now is a highly experienced, knowledgeable chief executive to lead us forward into full authorisation, launch and profitability and I’m delighted to confirm that our board has selected Brian Brodie to be Bevan’s Chief Executive.”