Mark Posniak departs from Octopus Property

Posniak has been MD since September 2015 and before that he was head of sales and marketing at the firm, which at the time was known as Dragonfly Property.

Mark Posniak has quit as Octopus Property managing director along with director of risk and recoveries Matt Smith.

Posniak has been MD since September 2015 and before that he was head of sales and marketing atthe firm, which at the time was known as Dragonfly Property.

Mario Berti, who will continue to lead the business, said: “Mark and Matt will leave with our very best wishes. They have helped us to build a team of over 40 experienced lending professionals and lay the foundations for the long-term success of Octopus Property.

“We would like to thank them both for all their hard work over the years and wish them the very best for the future.

“Having lent over £2.2bn to date, Octopus Property has gone from strength to strength in the specialist lending market.

“Following our recent rebrand, we are looking to the future and will continue to deliver the same market leading service from the same outstanding team across an ever broadening range of products as we grow the business.”