Trussle
, UK’s first digital mortgage broker revealed the appointment of new head of firm in its recent announcement. As per statement released by the firm, it has onboarded Mr. Ian Larkin to serve as its new Chief Executive Officer. Ian will be succeeding Mr. Ishaan Malhi the founding Chief Executive Officer who quit his role at the firm and parted ways earlier this year. Since the departure of Mr. Mahil, the role of CEO was held in interim capacity by Chairman Simon Williams. The incoming head of firm is an expert in digital and legacy technologies with extensive experience across both consumer and SME sectors and a veteran with three decades of experience under his belt. Aside from his role of CEO of Trussle, he is also serving as SID, Audit & Risk Committee Chair at Bright House a leading home electronics provider in UK for last 22 months.
Some of his most notable roles in multi-decade long career history include – Chief Executive Officer of Target Group and RAK Bank, Advisor to Board of Directors at AIB Group (UK) Plc, Managing Director for Lloyds Banking Group and Chief Financial Officer for Virgin Money. He began his career post graduating with Bachelor’s degree in Chemical Engineering from University College of Dublin and joined Accenture as a Manager back in November of 1990. He then moved on to McKinsey & Company where he served as engagement manager prior to his migration to virgin money. The UK based broker came into existence in 2015 with am of utilizing technology to provide a faster, smarter and more transparent mortgage process in its bid to make home ownership accessible to all. The firm was most recently in news for securing 7.5 Million GBP in its latest funding round from investors such as Rabo Frontier Ventures alongside its existing investors such as Goldman Sachs and Propel Venture Partners.
Commenting on his new role at the firm, Ian Larkin said, “The home ownership journey is one of the most stressful experiences that consumers face, yet not enough has been done to simplify the process for both homeowners and lenders. There’s a tremendous opportunity to leverage technology to transform home financing and mortgage distribution, making the market work better for homeowners and lenders. The Trussle team has done a great job so far, and our excellent group of investors are committed to the strategic opportunity that lies ahead. Trussle is really well positioned to lead the transformation of the mortgage industry”.
Speaking about Ian’s appointment as head of the firm, Chairman Simon Williams said, “We are thrilled to have someone of Ian’s caliber leading the business. Ian’s vast experience in retail and commercial financial services, and his expertise in growing businesses and enhancing customer propositions will be an important part of our success. We are at a pivotal stage of Trussle’s journey and look forward to working closely with Ian to build on our vision of making home ownership more accessible to everyone”.
