The Oakwood Group, a private equity firm focused on the specialist lending sector has announced the hiring of five senior executives from HBOS including the current head of specialist lending, Michael Bolton.
The new recruits also include Alan Cleary, currently director of Halifax Intermediaries; John Nixon, currently director of operations at The Mortgage Business and BM Solutions; Rob Williams, currently head of underwriting, at BM Solutions; and Mark Smith, currently head of support at BM Solutions who are all expected to join Oakwood in 2006. HBOS this morning confirmed Bolton, who has been with the group since 2001, is leaving to join The Oakwood Group. It has also announced that Phil Jenks will replace Bolton as head of specialist lending. Jenks has over 30 years experience at Halifa...
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