Commercial mortgage and bridging lender TAB has promoted Jack Bonner (main picture) to chief risk officer as the business continues to strengthen its senior leadership team and support future lending growth.
Bonner takes on responsibility for TAB’s overall risk strategy and framework, alongside oversight of the lender’s portfolio and recoveries function.
He joined the business in May 2023 as portfolio and recoveries manager before being promoted to head of portfolio and recoveries in September 2024.
During his time at TAB, Bonner has overseen a number of initiatives aimed at strengthening loan book performance, portfolio oversight and recoveries processes across the lender’s commercial mortgage, buy-to-let mortgage and bridging finance operations.
MORTGAGES AT SPEED
The appointment comes as TAB continues to invest in its people, technology and intermediary proposition as part of its ambition to deliver mortgages at bridging speed.
Bonner will report directly to chief executive and founder Duncan Kreeger.
Kreeger says: “Since joining the business, Jack has demonstrated strong commercial awareness and a clear commitment to improving portfolio performance.
“Under his leadership, TAB has portfolio resilience has improved significantly and, as a result, as has our loan book performance. The business has overseen £360 million in redemptions over three years which is a reflection not only of the quality of origination but also the effectiveness of the recoveries function.”
CUSTOMER CONTINUITY
And he adds: “His understanding of the business, our customers, and our credit philosophy makes him exceptionally well placed to take on the role of chief risk officer as we look to build momentum to lending.
“Jack’s promotion not only reflects his achievements but also our belief in recognising performance, promoting from within and building leadership teams with deep operational understanding of the business.
“By developing leaders internally, we are ensuring stronger continuity for customers, introducers, and employees – while retaining the institutional knowledge that underpins sustainable growth. Jack’s progression through the business is a great example of the opportunities available at TAB for people who consistently deliver and make a positive impact.”
STRONG CULTURE
Bonner says: “I’m incredibly proud to step into this role. Having progressed through the business over the past three years, I’ve seen first-hand the emphasis TAB puts on backing its people, encouraging development and giving individuals the opportunity to grow their careers.
“Duncan has built a strong culture around collaboration, accountability, and continuous improvement and I’m excited to be stepping up to the plate to help drive the next phase of TAB’s growth.”
The appointment follows the recent arrival of Karen Rodrigues as sales director and the promotion of Charlene Nayler to head of marketing.
