John Charcol has hired a chief operating officer in Luke Somerset with immediate effect.
Somerset is leading the mortgage broker’s sales, operations and commercial teams based in Southampton.
He was business development director at Contractors Mortgages Made Easy, where he established more than 500 introducers, while he started his career at Lehman Brothers as a credit and risk underwriter.
Somerset said: “John Charcol has real potential for significant growth so I am very much looking forward to making my contribution to its continued success.
“We have a leading proposition, a great team and exciting plans which is a massive attraction to joining the business.”
Mark Fleet, chief executive of John Charcol, said: “Luke is a great signing for John Charcol and his appointment reflects our growth strategy and our status as the premier mortgage broker within the UK marketplace.
“His appointment also reinforces our commitment to actively invest in growing our business.”
John Charcol previously didn’t have a COO.