Posted on January 23, 2019 by staff

Peer-to-peer lender appoints experienced banker


Manchester-based Assetz Capital has appointed Shami Sharma as relationship director as it looks to strengthen its deal making activity in London and the South East.

Sharma boasts a wealth of experience in the finance sector, having joined from Metrobank, where he was a local director based in London for two years. Prior to this, he worked for NatWest for 33 years across a number of different areas of the business. This includes a private banker position, and most recently, a senior relationship director role, in which he looked after a portfolio of professional clients.

In his new role, Sharma will operate remotely in the London and South East region. Sharma will work with brokers and intermediaries to provide ambitious businesses and property developers with flexible finance solutions, whilst also facilitating deals for existing clients in the region.

“Whilst there is huge competition for commercial lending in the South, the appetite for capital is stronger than ever,” Sharma said.

“There is a mass concentration of ambitious businesses in the region that require funding, many of whom have national and international growth potential.

“Assetz has seen its lending numbers increase dramatically since its inception, and I’m keen to ensure that this momentum continues.”

Damien Druce, director at Assetz Capital, said: “Having worked in the banking industry for over 35 years, Shami’s experience in dealing with both brokers and businesses makes him a perfect appointment to our team. As we approach the £700m lent to UK businesses milestone, we’re confident that Sharmi will help accelerate our deal activity in the South East and London patch.”