Lendy has continued to expand its team with the appointment of a new head of finance.

Andrew Wawrzyniak (pictured above) has joined the peer-to-peer lending platform from Fund Partners, a fund manager whose clients include Octopus Investments, Pictet Asset Management and Russell Investments.

Having spent nine years in fund administration, Andrew also has 25 years of accountancy experience as well as a wealth of knowledge in overseeing the delivery of investment services.

In addition to Andrew’s appointment, Lendy has also hired Ray Welsby as portfolio and debt recovery officer.

Ray has joined from law firm Blake Morgan, where he provided advice to clients on finance agreements and litigation relating to various aspects of debt recovery.

Tom Blackler has also been recruited to the platform as a business development manager having previously served as a mortgage broker.

•   Lendy reaches £183m in total repayments to investors
•   Octopus Property appoints head of core credit
•   Hope Capital appoints BDM underwriter hybrid

Liam Brooke, co-founder of Lendy, said its new appointments would help it to provide the best possible service to its 19,500-strong user base.

“Andrew is one of a number of key appointments we have made over the last year as we’ve strengthened our senior team.

“We are looking to continuous improvements in key areas such as loan origination, due diligence and risk management and Andrew’s appointment is an important part of that process.

“With us passing the £367m total lending mark, the appointments of Tom and Ray will support not only our loan origination targets this year, but also our important portfolio and recoveries activity, to ensure investment risk is mitigated for our investors.”

Andrew added that he was looking forward to getting involved with Lendy as it moved towards full FCA market permissions.

“One of my key deliverables over my first 90 days is to develop and build out the new finance management framework to enable the development of a range of new products.

“Lendy is going places and a key part of my role will be to support the company’s growth.”