Mortgage Brain has announced that Zahid Bilgrami has been appointed as group chief executive and is expected to join the business in April.
Bilgrami joins Mortgage Brain after eleven years as chief executive officer at Defaqto.
Following the acquisition of Defaqto by SimplyBiz, Bilgrami led its integration within the SimplyBiz Group.
Bilgrami has held roles within Andersen’s business consulting division and at Balfour Beatty where he helped the board shape group strategy and led and managed acquisitions.
Bilgrami is a qualified Chartered Accountant and has an MBA from the London Business School.
Peter Hill, chairman of Mortgage Brain, said: “I’m really pleased to welcome Zahid to Mortgage Brain.
“He brings a wealth of experience and knowledge to the business as a well-respected CEO with a proven track record.
“Zahid joins at an exciting time for Mortgage Brain where over the past year we have transformed the market through delivering more new technology and with still more to come.”
Bilgrami said of his appointment: “I am delighted to take on the helm of Mortgage Brain from Mark’s stewardship.
“The business is well placed to provide new innovative fintech solutions into the mortgage and adjacent markets.
“I will be joining a dynamic management team which is eager to deliver ground-breaking propositions for the benefit of our customers.”
Mark Lofthouse, current chief executive of Mortgage Brain, added: “I’m looking forward to welcoming Zahid to the Mortgage Brain family and I know that under his leadership the group will remain true to its core values and continue to lead the market through innovation and delivery.
“It has been a privilege to lead the Mortgage Brain family for almost two decades and retire in the knowledge that the business is in safe hands.”