Paragon Bank has hired Greg Dunne as relationship director for its development finance division.

Dunne has worked in development finance for two decades and joins Paragon from Pluto Finance where he spent six years as lending director.

He will report to senior relationship director, Nigel Jackson, and will oversee the management of an expanding client portfolio.   

Paragon says its development finance division grew lending by 24% over the last financial year to £623.2m, with the loan book increasing to £719.9m – up from £608.2m the year before. 

Of the appointment, Dunne says: “Paragon has an outstanding portfolio of clients with whom we share a mutual understanding and passion for delivering high-quality developments. It’s a great time to join the business and I’m looking forward to building strong relationships with both existing and new clients over the years ahead.”  

Jackson says: “I’m excited to welcome Greg to our team. With Greg’s significant property development experience, he will offer invaluable support to our clients by developing bespoke financing solutions designed to meet their requirements.”