VM Finance promotes new chief executive

City of London-based specialist lender VM Finance Ltd has promoted Andrew Evans to chief executive, succeeding Leighton Smith who has moved into a leadership role within VM Financial Group.

Andrew joined the business in 2018 as head of lending and has served as deputy chief executive since January 2023, playing a key role in shaping its business development strategy. 

He brings extensive experience in international banking and finance.

Under Andrew’s leadership, VM Finance will continue to support SME property professionals with investment, bridging and development finance across the UK.

He said: “Having worked tirelessly and passionately alongside Leighton for the past seven years, I am enthusiastic and determined to take the business to the next level.  

“We are committed to doing things differently and by offering brokers, investors and property developers a partnership rather than simply a payout, we’ve cultivated a true collaborative model for our clients.”

“We’ve maintained the values of the 1878-founded VM and remain committed to relationship-led lending.  

“This is set to be a pivotal year for VM Finance Ltd as we continue the growth trajectory on the foundations set by the team under Leighton's leadership over the past seven years. 

“We are excited about what’s to come.” 

The firm has funded a number of schemes in the North West, including recent projects in Wigan and Stockport, as it strengthens its position as a specialist partner for developers and homeowners.

Courtney Campbell, president and chief executive of VM Group, added: “Andrew’s appointment as chief executive reflects his strategic insight, operational discipline and consistent focus on delivering value through tailored financing solutions. 

“He is well positioned to lead VM Finance into its next phase of growth.” 

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