Santander UK has employed David Morris as head of houses.
Morris will handle the excessive road financial institution’s residential portfolio of belongings valued at round £177bn, representing an 11% market share, with 1.8 million prospects.
The lender says his obligations embody, driving new mortgage enterprise, and boosting data-driven options for its mortgage prospects.
Morris will be a part of from Yorkshire Constructing Society later this yr, the place he has labored for six years and can go away as chief industrial officer.
Throughout his time on the mutual, he was additionally chairman of its broker-only arm Accord Mortgages for his final two-and-a-half years on the enterprise.
At Santander, Morris will report back to the financial institution’s UK’s retail & enterprise banking chief govt Enrique Alvarez.
Aaron Shinwell chief working officer on the Houses division had been performing as the top of the unit for the reason that begin of the yr.
Alvarez says: “He [Morris] brings an enormous quantity of expertise, most not too long ago in designing and implementing a brand new mortgage buying and selling technique at Yorkshire Constructing Society.”
Morris provides that his new position at Santander permits him “to additional develop and remodel the mortgage proposition for the good thing about each new and present debtors”.