S&U PLC, the parent company of Aspen Bridging and Advantage Finance, made the announcement to the London Stock Exchange on Wednesday 8th October.
Jack’s responsibilities will include contributing to operational efficiency, innovation and funding across the group alongside a continuing direct role with Aspen.
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Commenting on this news, Jack said: “This promotion is a vote of confidence from the group board, particularly Anthony Coombs, our chairman, and Graham Coombs, our deputy chairman — not just in myself but also in the important contribution that Aspen is making, both current and future, and our ambitions within the bridging sector.
“Aspen now makes up approximately a third of group profit and we are confident that, alongside Advantage Finance, both businesses will continue to improve and grow in a sustainable and responsible way.
“I very much enjoy the relationships in the industry, getting neck-deep in deals, and that is not going to change.
“I am very excited about the future prospects for Aspen and look forward to helping drive that alongside Ed Ahrens, Aspen’s CEO, and the rest of the senior management team.”
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