Frank brings experience from senior property finance and lending positions, most notably as CEO at Close Brothers Property Lending.

He held this role for 19 years and stepped down at the end of 2023.

Frank will provide strategic guidance and advice to Pluto as it continues its growth efforts across the UK.

Commenting on his appointment, Frank said: “I have keenly observed Pluto’s growth as it has become one of the UK’s leading providers of finance for vital housebuilding projects.

“I have also been impressed by the strength of its relationships with developers, as evidenced by its strong rates of repeat business, and its ability to attract high quality institutional capital to fund its growing loan book and pipeline.

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“This is an exciting time to join Pluto’s advisory panel, and I look forward to working with Justin and the team to help achieve its ambitious growth targets.”

“Against a backdrop of a critical undersupply of housing, ambitious government housebuilding targets, and the withdrawal of traditional banks from property finance, non-bank lenders now play a key role in filling the funding gap and meeting this societal need.

Justin Faiz, CEO at Pluto Finance, commented: “Frank joins Pluto’s advisory panel at a very exciting time.”

Justin said that political and social factors such as housebuilding targets have created a gap in the mark for non-bank lenders.

He continued: “Frank’s experience and strategic advice will be instrumental in helping Pluto capitalise on this opportunity and we are delighted to welcome him to the team.”