Steve Olejnik has been made managing director of Mortgages for Business, with previous MD David Whittaker stepping back from the firm.
Olejnik (pictured), who was previously chief operating officer, has been at Mortgages for Business for 16 years after working at Barclays Bank as a financial adviser and NatWest as a retail banker.
Whittaker will no longer run Mortgages for Business but is still chief executive of Property Business Group, owner of the brokerage as well as the buy-to-let lending brand Keystone Property Finance.
Whittaker said: “This is a well-earned step-up for Steve who has been my right-hand man for many years now.
“I trust him implicitly to lead the business through our plans for rapid growth. He has the drive and the diplomacy to deliver!”
Whittaker will dedicate more of his time to Keystone.
He added: “No, I’m not retiring!”
“Last week we moved Keystone into new offices and that’s where I shall be focusing my efforts.
“We’ve got some exciting developments afoot which I hope to share in the coming weeks.”