David – who has served at HTB as deputy managing director of development finance for four years – will succeed Robert Grigg, who will take up the role of divisional executive chairman.
The pair will report to Matthew Wyles, CEO at Hampshire Trust Bank.
David is a chartered surveyor and an experienced property finance professional who started his career working in property advisory roles for firms including JLL and Allsop before joining HTB in 2014 as founding member of the development finance team.
Matthew said that it was a tribute to Robert’s leadership and foresight that he had prepared David so thoroughly as his successor.
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“David is one of the bank’s most capable senior executives and I am delighted to be the first to offer him my congratulations on his promotion.
“Robert will continue to support and mentor David and provide me and the board with his wise counsel and advice.
“He will also participate in the ongoing development of the bank’s strategy, contribute to our management of risk and play an active role in looking after our largest development finance clients.”
David added: “I am excited to be taking on the leadership of the development finance business, which remains an important component of HTB’s growth strategy.
“I am blessed with an excellent team and a very supportive board.
“We have built a reputation for nurturing long-term relationships with our borrowers and for consistently delivering on our commitments – I intend to maintain and develop that reputation.”