UK lender Bevan Money announces new CEO to guide final regulatory authorisation stages
Bevan Money has named Brian Brodie as its new CEO, taking over from the UK-based lender’s founder, Mel Lane, who is transitioning into the role of deputy CEO.
Bevan Money’s new CEO Brian Brodie
Specifically built to support public sector workers, Bevan aspires to become a “bank raising retail deposits to fund its highly focused mortgage lending criteria”.
To achieve this, Lane states that the start-up now requires “a highly experienced, knowledgeable CEO to lead us forward into full authorisation, launch and profitability”.
Having submitted its banking licence application last May, Brodie will be expected to guide Bevan through the final stages of its regulatory authorisation by leveraging the entirety of his C-suite experience to date.
Prior to his most recent appointment, Brodie was group CEO of credit solutions vendor Freedom Finance, where he most recently acted as its chairperson. He has also held director roles at Bank of Scotland, HML, Royal Bank of Scotland and Virgin Money.
Commenting on his appointment, Brodie claims the start-up will maintain a focus on “supporting public sector employees who want to get on the housing ladder or who want a more fulfilling retirement”.
“We all stood on our doorsteps and applauded our key workers during Covid and at Bevan we are determined to convert this positivity into tangible and meaningful change.”
