Bob Dodd, Chief Executive of the Centrepoint lending businesses said, ‘Centrepoint is totally committed to growing our lending solutions businesses. Our mortgage aggregation business has not been keeping up with industry pace over recent years, so we have made some changes.

‘As a non-institutionally owned alternate to the bank-owned or part-institutionally owned players, we believe we are in a good position to offer a bespoke service to brokers by enhancing their experience with education and training and a personalised, consistent and reliable service.

‘We have continued to invest in our broker systems and have formed a joint board with broker representatives to ensure we deliver added value and productivity gains.’

On recruitment of Frost, Dodd says, ‘Kevin’s appointment clearly illustrates our commitment to grow the business and continuing to help our existing and new brokers expand their businesses and our plan is to recruit further staff and introduce more brokers in the coming weeks.

‘We have a unique opportunity to introduce our mortgage and asset finance intermediaries to over 1,400 financial advisers and accountancy practices, as well as finding a number of general insurance brokers who are interested in our lending products too.

Kevin Frost says he is delighted with the appointment and firmly believes he is joining the business at the right time. ‘It’s fantastic that management realised the need to make change in order to grow. In the few weeks I have been here, there is clear evidence that the Centrepoint executive team are committed to our mortgage business and are assisting its total integration into the Centrepoint group.’

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Tony Robinson said  “Kate has done a terrific job over the last 18 months successfully restructuring and simplifying the Ventura/ All Star business. The business has now reached a point where the challenges for Kate will be significantly less over the near term, and the demands of the business on Kate will similarly be materially lower than it has been historically.”

He added, “As a consequence, Kate and I agreed that it was an appropriate time to eliminate the role of CEO Ventura/ All Star and to merge that part of the Group with the platform businesses under Mat Walker into a new merged Product and Platform unit.”

Kate Mulligan said: “I am very proud of the FUM and revenue growth generated from creation of the funds management business, including All Star.  The realignment of Ventura to provide financial advisers with cost effective, best of breed solutions for their customers with additional services has been particularly satisfying.”

She added. “My job is completed here; it’s time to go onto my next challenge.”

Tony Robinson added: “I would like to take the opportunity to thank Kate for her efforts over her time with the Group and I know Kate leaves comfortable in the knowledge that she has successfully realigned the Ventura Multi manager business and established a sound funds management operational capability for the Group.”

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