MT Finance has added four new members to its board, creating 30% female board representation.

The specialist lender has promoted head of underwriting Lenka Pajkošová and chief marketing officer Millie Dyson to its board, along with James Anderson, operations director, and Gareth Lewis, commercial director.

They join founding directors Joshua Elash and Tomer Aboody.

It says the move is in line with its commitment to the Women in Finance Charter, to add at least one female candidate to the board by September 2021.

The firm says these round of promotions mean it has “more than achieved that target as a third of the board is now female”.

Founding director Joshua Elash says: “Lenka, Millie, James, and Gareth have been valuable members of the executive committee at MT Finance for some time.

“The appointments add real value to the company and reflect our desire to recognise, support, and empower the wonderfully talented people we are lucky enough to work with.

“The additions also re-emphasise our ESG [environmental, social, and corporate governance] principles and commitment to the Women in Finance Charter.”

Chief marketing officer Millie Dyson adds: “I am honoured to be one of the group’s first female board members and will continue to ensure we remain focused in our efforts to maintain a diverse and equal workforce as we take the company forward.”

The round of promotions follow the completion of a March management buy-out with £8m in funding from Triple Point Investment Management, which consolidated 100% of the ownership of the company back into the hands of joint founders, Elash and Aboody.

MT Finance, established in 2008, specialises in bridging loans and auction finance and has completed more than £1bn in lending in that time.