West One has appointed Andrew Pendered as managing director of development finance and co-head of short-term lending.
Andrew joins West One from Bank of Ireland, where he most recently served as head of corporate banking UK. He brings 28 years of experience in property finance and corporate banking, including almost 20 years at Bank of Ireland, where he held a number of senior leadership positions.
During his time at the bank, Andrew led its property finance group in Great Britain from 2009 before taking responsibility in 2021 for the non-property corporate banking business in the UK. Earlier in his career, he held roles in real estate finance at Royal Bank of Scotland and MeesPierson/Fortis.
In his new role, Andrew will lead West One's development finance proposition, working alongside the wider team to support the continued evolution of its offering and deliver against the business's longer-term growth plans. He will also share responsibility for the lender's overall short-term lending division with Tom Cantor.
Andrew takes over from Guy Murray, who will leave West One in December after 10 years with the business.
Andrew Pendered commented: “West One is an excellent business and I'm delighted to be joining the team and bringing my strengths and experience to the wider group. West One’s growth trajectory has been clear, and it has developed an enviable reputation in the specialist lending market. I'm looking forward to working with customers, introducers and colleagues helping to drive the development finance proposition forward.”
Danny Waters, CEO of Enra Specialist Finance, said: “We're delighted to welcome Andrew to West One. He brings a wealth of experience in property finance and an impressive track record of leading teams and developing propositions within the sector. His knowledge and expertise will be an invaluable addition to the business as we look to build on the progress we've made and take our development finance offering to new heights.
“I'd also like to recognise the contribution Guy Murray has made during his 10 years with West One. He has helped to establish and build an excellent foundation for the development finance business, and we are grateful for his commitment and hard work. Guy leaves our firm to return to New Zealand with his young family to pursue exciting new adventures. We wish him all the very best for the future.”
