Molo appoints French as COO
Molo, the specialist lender, has appointed Lynne French as chief operations officer (COO) as its expansion of operations and distributions continues.
French will be responsible for scaling Molo’s operational platform to support demand and maximising strategic partnerships with One Mortgage System (OMS) and LMS.
French most recently served as director of secured lending operations at Chetwood Bank, where she oversaw both of the bank’s lending brands – CHL Mortgages for Intermediaries and ModaMortgages.
She also has extensive experience within the specialist lending sector, having previously held senior roles at Masthaven Bank, Magellan Home Loans and Fleet Mortgages.
French (pictured) added: “Molo has established strong foundations in the specialist market, and I am excited to be joining at such a pivotal point in the growth of the business.
“My core focus is on scaling the operation with discipline and pace through strengthening delivery and ensuring we consistently meet the needs of our broker partners. I look forward to working with the team to build on this momentum and take the business into its next phase.”
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Matt Kimber, CEO of Molo and ColCap UK, said: “We have built a strong presence in the market and are seeing growing demand from our broker partners. Excellent service and continued evolution of our Platform to support their needs is key to our proposition and Lynne brings the operational strength to scale effectively and make the most of the opportunities ahead.
“With a strengthened leadership team, including both operations and distribution, now represented at executive level, we are well-positioned to accelerate our growth plans.”
The leadership team is led by Kimber and comprises Ryan Benton, finance director, Paolo Tanca, UK treasurer, Rebecca Connor, chief technology officer, Julie Eastty, head of compliance, Roy Armitage, director of servicing, and Sharon Sohal, head of people.