"I pleased to welcome Andy to the MFS team. He joins at an exciting time and his expertise will be vital for MFS as it seeks new opportunities in the specialist finance sector."
Andy will be responsible for leading the bridging lender's team of sales executives and business development managers.
With 37 years of experience working in the finance and property sector, Andy brings a wealth of knowledge and expertise to the MFS team. He previously served as director of sales at Oblix Capital and prior to that worked as head of business development at Hampshire Trust Bank.
MFS recently launched a £60 million Covid-19 recovery fund for property investors to have immediate access to specialist finance loans.
Paresh Raja, CEO of MFS, said: “I pleased to welcome Andy to the MFS team. He joins at an exciting time and his expertise will be vital for MFS as it seeks new opportunities in the specialist finance sector.
“At MFS, we are constantly on the lookout for creative thinkers who excel in their respective roles. Andy is backed by an impressive history of industry achievements, and I look forward supporting his future accomplishments here at MFS.”
Andy Reid added: “Anyone involved in the specialist finance sector knows about Paresh and his impressive achievement in establishing MFS as leading bridging loan provider. I am extremely excited to be joining MFS and building upon what has already been an impressive year of growth for the bridging lender.”
