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Trussle appoints Ian Larkin as chief executive

Fintech mortgage broker Trussle has appointed Ian Larkin as chief executive.

Larkin was chief executive of Target Group for five years, while he previously held senior roles at Lloyds, Virgin Money, and McKinsey and Accenture.

The company’s founding chief executive Ishaan Malhi suddenly resigned in January.

Larkin said: “The home ownership journey is one of the most stressful experiences that consumers face, yet not enough has been done to simplify the process for both homeowners and lenders.

“There’s a tremendous opportunity to leverage technology to transform home financing and mortgage distribution, making the market work better for homeowners and lenders.

“The Trussle team has done a great job so far, and our excellent group of investors are committed to the strategic opportunity that lies ahead. Trussle is really well positioned to lead the transformation of the mortgage industry.”

Trussle was founded in 2015 as a technology-focused mortgage broker.

In January Trussle secured an additional £7.5m in funding from new investor, Rabo Frontier Ventures, alongside existing investors, Goldman Sachs, Finch Capital and, Propel Venture Partners.

Simon Williams, chairman at Trussle, said: “We are thrilled to have someone of Ian’s calibre leading the business.

“Ian’s vast experience in retail and commercial financial services, and his expertise in growing businesses and enhancing customer propositions will be an important part of our success.

“We are at a pivotal stage of Trussle’s journey and look forward to working closely with Ian to build on our vision of making home ownership more accessible to everyone.”