Avamore Capital today has confirmed the hire of well-known industry heavyweight, D’mitri Zaprzala – former Head of Residential at Octopus Real Estate – to join its senior leadership team. D’mitri will join the board of Directors at Avamore Capital and sit alongside Michael Dean, Zuhair Mirza, Alan Margolis and Philip Gould. The hire follows last month’s significant appointment of industry star, Alan Margolis, as part of its long-term growth strategy.

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D’mitri will co-lead the Avamore Management Team and be a member of the Credit Committee. He will take an overarching view of the company focusing on executing core initiatives to drive business growth whilst also providing guidance on commercial aspects. Undoubtedly, D’mitri’s background in deal origination will feed directly into the lender’s existing sales and marketing approach, with a view to elevate and build upon success to date.

Furthermore, D’mitri, having spent over 8 years at one of the largest lenders in the sector can draw upon historic experience at a growing operation to help Avamore accelerate its coverage to becoming a top tier lender. This will include pushing out in more traditional areas of lending, consolidating existing regional presence before expanding boundaries further and, building on product innovation. Avamore prides itself on being service driven and has a long-standing track record of delivering relevant and market responsive solutions to brokers and developers; D’mitri is well placed to drive this ethos forwards.

Collectively, D’mitri Zaprzala and Alan Margolis, with the support of Philip Gould will help lead the business through its next phase of expansion across the market, achieve acceleration in growth and drive the business to lending in excess of £500M+ worth of loans annually. This will primarily be through delivering enhancements to brokers, clients and service providers shaping a ‘best in class’ customer journey alongside a market leading brand.

Michael Dean, Co-Founder and Director at Avamore commented: “It’s an absolute pleasure to welcome D’mitri to Avamore’s Board of Directors. It really is a significant moment for us. In footballing terms, it’s a bit like having signed Lionel Messi last month, and this month we’ve added Cristiano Ronaldo. Zuhair and I have known him for a number of years and have seen the impact he has made in our space. The strength of his experience, depth of relationships and knowledge will be hugely valuable in Avamore’s next phase of growth. Given D’mitri’s background and longstanding presence in the bridging and development industry, both he and Alan, will allow Avamore to benefit from the input of industry veterans. It is truly a game changing move to bring them both on board and we look forward to seeing the positive impact which D’mitri will make on the team and the business.”

Alan Margolis, Director at Avamore Capital commented: “This is an incredibly exciting stage in Avamore’s growth journey. The lender has grown from strength to strength over the past 6 years and it is the perfect time to scale up quickly and sustainably. In my first month, I have seen the strength of the team that has led the business to where it is today and there is a huge opportunity to combine the experience of D’mitri and I, with the talent in the team to ensure Avamore is a market leading lender.”

Zuhair Mirza, Director at Avamore Capital commented: “We’re absolutely delighted to have D’mitri join the leadership team. D’mitri brings tremendous industry knowledge, experience and relationships to the team while sharing the company’s values and ambitious plans for the future. I very much looking forward to working with D’mitri alongside Alan and Phil as they lead the business through the next phase of Avamore’s journey.”

D’mitri commented “I am delighted to be joining Avamore Capital. Having observed the company over the last few years I am so excited to be able to join them at such an exciting time for both them, and the specialist lending industry. The last 6 years have been extremely successful for Avamore and I hope that I am able to help make the next 6 years even more so. I have known Michael and Zuhair for some time and it was an easy decision to come and join them. They have built an exceptional team who have an amazing reputation in the industry, and I cannot wait to work closely with them. Similarly, I have had the pleasure of knowing Alan for many years and he is someone I have always admired. I know that together with the talented Avamore team we can achieve great things.”

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