Michael Bolton joins Clayton Euro Risk
Bolton was previously CEO of new start-up lender Edeus for three years and prior to that head of the UK’s largest specialised lending business at HBOS for five years. More recently Bolton has been consulting to Clayton Euro Risk (CER) on its international strategic direction.
Tim Keast, president and CEO of CER, commented: “The market has been slowly but surely emerging from its depths over the last nine months. CER has seen a marked upswing in its activity over this time from its traditional clients and new market entrants. Continental Europe is also now waking up to the need to shake out balance sheets of unwanted, poor performing or simply unfunded mortgage and financial assets. Bolton with his market knowledge, contacts and creativity will continue to drive the business on into new markets with new clients.”
Bolton added: “There is an urgent market need to get investors back. As a result of the market implosion most no longer trust the traditional names and still remain on the sidelines. CER is uniquely placed across Europe to provide investor confidence with a truly independent asset assessment service and it is an exciting opportunity to be involved with a business that has retained its pivotal position helping it grow the market again.”