Mezzanine lender Iron Bridge Finance has hired Martin Gilsenan as managing director, sales – a newly created role.
Gilsenan (pictured) now sits on the main board of directors and reports to chairman and chief executive Lance Joseph.
Joseph said: “We are delighted to appoint Martin to the main board of Iron Bridge Finance.
“The positive impact he has made since joining us has been considerable.
“His appointment as a director of the company is not only thoroughly well-deserved but reflects the incisive contribution he has made to the business.”
He originally joined the lender in July 2017 as director of sales, with a remit of growing and developing the group’s sales programme and providing strategic oversight.
Before joining Iron Bridge Gilsenan was at specialist development lender Fortwell Capital, formerly Omni Capital Partners, where he was sales director from 2011 until 2017.
Gilsenan added: “I would like to thank Lance and my fellow directors for this opportunity and for the faith they have placed in me.
“Being part of a strong, experienced and committed team such as we have at Iron Bridge is what makes getting up each morning worthwhile.
“My aim now is to continue to work closely with our senior lending partners and introducers in order to support developers throughout 2019 and beyond.”
Based in Primrose Hill, London NW1, Iron Bridge has been investing its own funds since 2006 in mezzanine and top-up finance on multi-unit residential development projects.
It lends between £300,000 to £7m in areas of high demand across England and Wales.