CrowdProperty appoints new CEO

CrowdProperty has appointed Mike Bristow (pictured above) as its new CEO.

Mike is the co-founder of the specialist property development P2P lender and has been on the board as a non-executive director since it was established in 2013.

He has replaced fellow co-founder Simon Zutshi, who has become chairman.

Mike has over 18 years of strategic advisory experience across a number of international companies and private equity funds.

He has a particular expertise in consumer, B2B2C, digital and real estate sectors.

Commenting on his appointment, Mike said he was delighted to take up the CEO position at an exciting time in the company’s development.

“We are investing across all levels and functions of the business, with the aim of becoming the number one place for SME property professionals to easily raise finance for development projects.

“We have more than 6,000 registered lenders and it is my responsibility to ensure that we maintain our 100% payback record to them, realising the 8% annual return on the projects they lend to.

“As CrowdProperty grows, our strategy is to keep true to the original ethos of P2P, by giving our lenders the autonomy to choose which of the wide range of quality projects on our platform they wish to invest in.”

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