Castle Trust has promoted Barry Searle from chief operating officer to managing director of mortgages and appointed Stuart Sykes as operations director.
Searle has been with Castle Trust since 2014, helping to grow the company, especially within the mortgage division. He held the largest underwriting mandate and had overall responsibility for operations.
During his financial services career he has held senior roles at various institutions including Legal and General’s mortgage division and GMAC RFC.
Sykes will be joining from MyJar where he was group customer operations director for the last four years. He has previously held roles at ICICI Bank, RBS and Lloyds Banking Group.
Martin Bischoff, chief executive officer said: “As the company’s chief operating officer, Barry is already very familiar with both the industry and the aims of the business and was a natural choice to fill the role.
“He has contributed enormously to the success of the business so far and will be a pivotal part of our transition to become a bank.
“Stuart has extensive experience in the lending environment, particularly in consumer finance. We are delighted that he has chosen to join us as we move into Castle Trust’s next phase.”