Momenta Finance names new chief commercial officer
Chris Forrest has an extensive background in corporate and commercial banking. Credit: Andrii Yalanskyi / Shutterstock.com
Momenta Finance has appointed Chris Forrest as its new chief commercial officer (CCO).
With an extensive background in corporate and commercial banking, Forrest’s previous position as head of SME at Barclays UK saw him lead teams dedicated to relationship management and business development, with a focus on assisting SMEs from various sectors.
In his new role, he will be responsible for the commercial direction of Momenta Finance, particularly within its SME and property finance offerings.
Forrest’s efforts will be responsible for enhancing the company’s distribution network, building stronger ties with intermediaries and brokers.
He will also focus on integrating technology to improve service delivery to customers, the company said.
Forrest said: “I’m delighted to join Momenta Finance at such a dynamic and ambitious stage. The chance to shape the commercial direction of a fast-growing, progressive business with a focus on empowering SMEs and property clients is a tremendous opportunity.”
This announcement comes after Tim Boag joined the company as CEO, expanding the firm’s reach in SME lending and property finance within the UK.
Boag stated: “I am pleased to welcome Chris to Momenta at this exciting time.
“His commercial expertise, strong business development network, and passion for customer outcomes will be instrumental as we continue to innovate and grow to serve many more SMEs.”
Based in London, UK, Momenta Finance is an established provider of alternative finance solutions.
The company’s portfolio includes unsecured and secured business finance, bridging loans, and cash advances.
