Aldermore has appointed Andy Porter as business development manager in its commercial real estate team, with a focus on property development finance.
Porter (pictured) joins from United Trust Bank, where he was senior director of property development. He has more than 20 years of experience in property finance, commercial banking and credit risk.
Before joining United Trust Bank, Porter spent more than 12 years at Close Brothers Property Finance, progressing from senior business development manager to business development director.
He has also held senior positions at Barclays and RBS, working in corporate banking, relationship management and credit risk.
His experience includes arranging funding facilities for property investors and developers, managing complex lending relationships and originating new business.
Azfar Rizvi, commercial director for corporate and commercial lending at Aldermore, says: “We’re delighted to welcome Andy to the CRE team. His extensive experience across property development finance, commercial banking and credit risk will be a real asset to our team and, importantly, to the customers and brokers we support.
“As part of our continued investment in Property Development, we’re focused on expanding our support for developers across the UK and helping bring forward high-quality residential and commercial schemes.
“Andy’s appointment further strengthens our capabilities in this area and reflects our ambition to support more customers in bringing high-quality projects to life.”
Porter adds: “Having spent many years working closely with property investors and developers, I was attracted to Aldermore’s relationship-led approach and its commitment to providing long-term support.
“Aldermore has a strong reputation for understanding its customers and taking a flexible, pragmatic approach to funding. I’m looking forward to working closely with brokers and customers to identify new opportunities and deliver funding solutions that support their long-term ambitions.”
