"He has kept us focussed, introduced insightful data analysis, and transformed the business," says company CEO
Hope Capital has announced the departure of its managing director, Gary Bailey (pictured).
Bailey, who joined the bridging finance lender in January 2019, said he was proud of the contributions he had made to the current and future success of Hope Capital.
“I’m delighted that I leave Hope Capital with a great brand, excellent service, progressive infrastructure, and strong values,” he added. “The innovative proposition and outstanding diversified product range, with more to come shortly, places them in a strong, market-leading position to grow even further.”
Read more: Hope Capital posts record year.
Prior to joining Hope Capital, Bailey spent eighteen months with his own consultancy, in both the regulated and unregulated lending sectors. He had previously been at Together for 20 years, as sales director.
“Gary joined us to develop and execute a business growth strategy,” said Jonathan Sealey, chief executive at Hope Capital. “Despite the economic and market challenges over the past three years, he has kept us focussed, introduced insightful data analysis and transformed the business, enabling us to react to the unprecedented challenges with great success.
“During his time, we have introduced a range of colleague benefits, secured our largest ever distribution, a record performing loan book, and now he leaves us with the strongest, ever-increasing business pipeline that we have had in our 11-year history.
“He has succeeded in putting in place everything required to bring the business to this pre-determined point. Hope can now confidently drive forward with the rest of the plan. His support and direction leaves Hope Capital in a great position to continue this growth.”
Bailey, meanwhile, thanked Sealey, saying “it has been a privilege to work with him and the rest of the board.”
“With Hope Capital having substantial long term, committed funding, the future is exciting and no doubt it will continue its successful trajectory,” he remarked. “I have had the privilege of helping build, mentor, and work with a great team, who live the company values.”
Bailey said he had no specific plans at this time.
“I will look at opportunities as they arrive,” he stated. “With over 30 years’ experience in specialist lending, I have a wealth of transferable skills, knowledge and experience, across both the unregulated and regulated lending sectors, helping to guide businesses through periods of change, development and growth, while delivering excellent service and quality customer outcomes.
“So, I’m really looking forward to having positive conversations with business leaders who feel they can utilise my transferable skills and experience, helping to provide direction for a business to achieve its potential.”