A peer-to-peer lender has appointed Shami Sharma, an experienced banker, as its new relationship director for London and the South East.
This strategic move is aimed at bolstering the company’s deal-making activities in a region known for its competitive commercial lending environment.
Shami Sharma’s Career Background
Shami Sharma joins the company from Metrobank, where he spent two years as a local director based in London. Prior to that, his career at NatWest spanned 33 years, during which he held various positions including private banker and senior relationship director, managing a portfolio of professional clients.
In his new role, Sharma will operate remotely in the London and South East region, leveraging his extensive experience in the finance sector. This appointment is seen as a strategic move to enhance the lender’s presence in a highly competitive market.
Roles and Responsibilities
In this new capacity, Sharma will be collaborating with brokers and intermediaries to provide flexible finance solutions to ambitious businesses and property developers. He will also be involved in facilitating deals for existing clients within the region.
Sharma’s focus will be on enabling both new and existing clients to achieve their financial goals through tailored lending solutions. His extensive experience is expected to add value to the lender’s growing portfolio.
Market Potential in the South East
According to Sharma, the appetite for capital in the South East is stronger than ever. He noted that there is a significant concentration of ambitious businesses in the region that require funding, many of which have national and international growth potential.
Sharma commented, ‘Whilst there is huge competition for commercial lending in the South, the appetite for capital is stronger than ever. There is a mass concentration of ambitious businesses in the region that require funding, many of whom have national and international growth potential.’
Company’s Growth and Lending Numbers
The company’s lending numbers have seen a dramatic increase since its inception. Sharma is keen to ensure this momentum continues, leveraging his extensive network and experience.
Damien Druce, a director at the company, stated, ‘Having worked in the banking industry for over 35 years, Shami’s experience in dealing with both brokers and businesses makes him a perfect appointment to our team. As we approach the £700m lent to UK businesses milestone, we’re confident that Shami will help accelerate our deal activity in the South East and London patch.’
Strategic Importance of the Appointment
This appointment is strategically crucial as the company aims to strengthen its foothold in a market that is both competitive and ripe with opportunities. Sharma’s role is pivotal in realising these ambitions.
His appointment is expected to expedite the lender’s efforts in providing capital to businesses with high growth potential, thereby contributing to the broader economic development of the region.
Outlook for Future Growth
The company is optimistic about its future growth prospects, particularly in the South East of England. With Sharma’s expertise, the lender is well-positioned to meet the burgeoning demand for flexible finance solutions.
The emphasis will be on maintaining the upward trajectory of lending volumes while ensuring that the financial needs of businesses and property developers are adequately met. This strategy aims to sustain the growth momentum that the lender has experienced so far.
Client Testimonials
Several clients have already expressed their confidence in the lender’s ability to provide essential financial solutions. ‘The lender has been instrumental in helping us secure the capital needed for our expansions,’ said one satisfied client.
Another client mentioned, ‘Their flexible finance solutions have been crucial for our property development projects. The addition of Sharma to the team only strengthens our confidence in achieving our financial targets.’
Social Media Buzz
The announcement of Sharma’s appointment has generated considerable buzz on social media platforms. Industry professionals and clients alike have shared positive feedback, highlighting Sharma’s reputable career and the lender’s strategic vision.
The appointment of Shami Sharma as relationship director is a strategic move to enhance the lender’s operations in London and the South East.
With Sharma’s extensive experience and the company’s growth trajectory, the lender is well-poised to meet the rising demand for flexible finance solutions in this competitive market.