Octopus Property appoints Sean Deacon as Head of Core Credit

By Daniel Lanyon on 16th January 2018

Robo-Advice

The platform has increased its team by 50 per cent in the past year from 40 to 60.

  Octopus Property appoints Sean Deacon as Head of Core Credit

Specialist property lender Octopus Property has appointed Sean Deacon as Head of Core Credit, effective immediately, to support the company’s on-going growth strategy.

After record origination in 2017, Octopus Property is looking to reaching a  £1bn loan book in 2018.

Deacon has over twenty years’ experience of working in credit and risk and will responsible for its ambitions to grow its loan book to over £1bn during 2018.

He joins from Amicus, where he was Group Head of Credit. Prior to this he held senior roles at Harrods Bank, Dollar Financial, Credit Suisse and UBS AG, managing UK and International teams covering property related lending for the residential, commercial and development sectors.

Octopus Property has doubled its origination volumes over the past 24 months, launching a number of new products as part of its Lifecycle Lending proposition, whilst increasing the size of its team from 40 people in January 2017 to more than 60 today.  

Mario Berti, CEO of Octopus Property, said: “Sean has an impressive track record for managing credit risk which, together with his deep real estate sector experience, will support us in meeting our ambition to grow our loan book to over £1bn, whilst helping drive the wider business with change and transformation." 

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