Trussle has announced the appointment of Ian Larkin as the digital mortgage broker’s new chief executive officer.
Larkin, having worked in senior roles at Lloyds, Virgin Money, McKinsey and Accenture, had most recently served as CEO of Target Group.
Trussle highlighted that in Larkin’s five years, Target Group delivered significant growth using technology to improve productivity, risk management and customer experience.
Larkin commented: “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.”
Over the last year, Trussle has helped almost 70% more customers to find a mortgage than the year before, and the broker recently secured an additional £7.5m in funding – from new investor, Rabo Frontier Ventures, alongside existing investors, Goldman Sachs, Finch Capital and, Propel Venture Partners – which according to the company, has enabled Trussle to continue investing in its technology to better improve the customer experience.
Trussle chairman, Simon Williams, added: “We are thrilled to have someone of Ian’s calibre 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.”
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