Avamore Capital, the London based short term and bridging finance lender, has appointed D’mitri Zaprzala to its senior leadership team.  Known as an Industry heavyweight, he joins the board of directors to strengthen the team and assist Avamore in becoming a top tier lender.

Prior to joining Avamore, D’mitri was head of residential at Octopus Real Estate, where he worked for eight years, and has a strong background in deal origination.

In his new role, D’mitri will co-lead the management team and will also be a member of the credit committee, with a focus on core initiatives for business growth.  He will also be providing guidance on commercial aspects.

The lender hopes that the two new hires, D’mitri and Alan Margolis, will help to achieve lending of over £500million annually.

Michael Dean, co-founder of Avamore said: “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 D’mitri 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 of Avamore, added: “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, co-founder of Avamore said: “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 Zaprzala added: “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.”

Original article featured here…

Avamore recently appointed its new director, Alan Margolis, who is now part of the management team and a member of the board and credit committee.