MT Finance has appointed Raphael Benggio as the head of its new regulated arm, which it announced the launch of in late January this year.

Benggio hails from Masthaven Bank, where he worked as underwriting manager for part of his over four years’ stint at the lender.

He has seven years’ total experience in the specialist lending underwriting world.

Benggio says: “To be able to join the team at MT and be given the opportunity to lead the development and growth of our new regulated bridging department was one I could not pass up.

“I fundamentally believe when it comes to specialist lending, specifically bridging, quality of service offered and speed of the transaction are the two most important elements. These beliefs align with the history and culture at MT Finance and will be translated into our new regulated bridging finance offering.”

MT Finance commercial director Gareth Lewis adds: “When starting our journey into the regulated market we felt it was important to find a person not only with the right experience, but also with the right mindset to help the DNA of MT Finance flow through into this new offering.

“We have found that person in Raphael [Benggio] and look forward to his influence in driving the success of our proposition.”