Lehman Bros recruits Kaszczak

This role will deepen relationships between all three mortgage brands (London Mortgage Company, South Pacific Mortgage Limited and Preferred) and those brokers who prefer to deal directly with the lender. With service to intermediaries at the forefront of market developments, the direct-to-broker proposition sits alongside the relationships and activities that already exist with the packager market.

Mr Kaszczak has worked in the financial services industry for over 20 years and joins Lehman Brothers’ European Mortgage Capital Business from the Royal Bank of Scotland Group where he was responsible for a number of intermediary mortgage networks including NatWest, First Active and The One Account. During his career he has also worked for other providers including Barclays, Norwich Union and Virgin.

Simon Hinshelwood, chief executive officer at Lehman Brothers Mortgage Capital, UK and Ireland, said: "I would like to extend a very warm welcome to Louis. He is an important addition to our team. His experience of both multi brand lenders and intermediary distribution will be invaluable as we continue to enhance our different brand propositions to our intermediary partners.

"We recognise there is a significant section of the broker community which prefers to deal directly with the lender for some or all of their business. We want to develop an approach which gives them choice of how to work with our brands but in a way which continues to demonstrate our support for and commitment to the packagers. Packagers provide significant value for many brokers and to lenders such as SPML, Preferred and London Mortgage Company and we will also be enhancing our technology propositions and on site presence across the packager community at the same time."

Mr Kaszczak brings a wealth of market knowledge and experience to Lehman Brothers’ Mortgage Capital and is buoyant about the market and the challenges this coming year will bring:

"I am delighted to join an organisation which is going through an exciting time in terms of its mortgage development. With the specialist market continuing to grow and all three brands performing well, there is a great opportunity to expand in the direct-to-broker channel. I am looking forward to exploring the opportunities with the major mortgage distributors in the coming weeks and months and helping to build an unrivalled direct-to-broker proposition."