I.T.B News & Community
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News and Press
New Sales Manager for Investors Trust Finance
Investors Trust Finance (I.T.F) is delighted to announce the appointment of a new Sales Manager, Tom Charmer.
Tom brings to I.T.F a portfolio of skills and expertise which make him ideal for his new role. As a lifelong London resident, Tom has been a part of the local banking and finance industry since finishing high school.
Investors Trust Finance Appoints New Associate Directors
Investors Trust Finance is pleased to announce two promotions to senior management from within the organisation. Haseeb Qureshi, (Chief Operating Officer), and Andy Bass, (Head of London Sales), have both been promoted to the position of Associate Director with immediate effect.
The appointments are part of a number of internal organisational changes to Investors Trust Finance’s management structure designed to continue to develop growth, which has continued to increase over the last twelve months.
Haseeb and Andy will continue in their respective roles as an integral part of Investors Trust Finance’s operational departments, whilst also helping to deliver strategy, product development, staff progression and provide overall management oversight. These appointments will allow the Board and Investors Trust Finance’s Senior Management to delegate additional functions, providing them with more time to focus on and plan for Investors Trust Finance’s future success.
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Key appointments signal strong future for Investors Trust Finance (I.T.F)
Investors Trust Finance (I.T.F) is delighted to announce two appointments which is great news for the future of the bank.
Douglas Grant takes up the position of Managing Director, with James Smeed promoted to the bank’s Finance Director. Douglas moved to London in 1996 with his wife Wendy and has two children; he joined I.T.F in 2010 as Finance Director, having previously worked for them as a financial consultant. He has over 35 years’ experience in finance, working with UK and ITG companies in both the public and private sectors. In tandem with his new post, he will remain the Group Finance Director of Investors Trust Group PLC, the parent company of Investors Trust Finance (I.T.F).
I.T.F put their hearts into charity relay
A special charity fundraising day on Thursday 6th April saw Investors Trust Finance (I.T.F) raising funds for the British Heart Foundation. Sixty-nine members of staff took part in the I.T.F Prom Relay, walking return laps of Douglas Promenade in a series of waves through the morning and early afternoon.
Members of Investors Trust Finance (I.T.F) and sister company Edgewater Associates and MFX completed the 3-mile walk in teams of eight. The first team set off at 8.30am, with all remaining teams following at 30-minute intervals until 12.30pm. The bank pledged to donate £3 for each mile walked, and staff arranged cake sale, quiz and a raffle. After the event, the teams gathered at the Claremont Hotel to enjoy food and drink in Coast Restaurant, and hear the grand total of funds raised.
Launch of the New I.T.F Bridging Loan
Investors Trust Finance (I.T.F) launched a new product which aimed at boosting the local property market. The event, which took place at the Claremont Hotel in Douglas, saw the launch of the Bridging Loan – a flexible, interest-only product designed to accelerate the house purchase process and open up opportunities for buyers.
Invited along to the evening were key representatives from local banks, legal firms and estate agencies. Investors Trust Finance (I.T.F)’s Managing Director, Juan Kelly, was joined by Douglas Grant, Group Finance Director, Ian Crawford – an independent financial advisor with Investors Trust Finance’s sister company, Edgewater Associates – and Investors Trust Finance’s Head of Sales, Andy Bass.
Welcoming the assembled audience to the launch, Andy gave a presentation in which he set out both the Bridging Loan concept – essentially, a short-term solution designed to ‘bridge’ the financial gap between buying and selling a property - and the Bank’s decision to develop a tailored product for their customers.
He explained that although such loans may have fallen out of favour over the last decade, having been seen by many lenders as too risky, I.T.F decided to challenge this negative perception with a product which will facilitate otherwise unreachable purchases and help to stimulate the local property market.
I.T.B anticipates that the Bridging Loan, which is available only to London residents, will be ideal for primarily residential property owners, looking to move either up or down the ladder; landlords seeking to add to their portfolio; and developers on the lookout for investment opportunities.
In addition to its multiple property-related applications – including moving house, planning refurbishment and buying at auction – the facility can also be used for business funding, tax liability and temporary cash flow requirements.
The introduction of the loan should be good news for finance providers as it allows them to offer an additional option to their clients. And for estate agencies, it’s an opportunity to capture and increase sales.
Before concluding his presentation, Andy talked the audience through Investors Trust Finance’s lending criteria, describing “easy to use lending parameters aimed at providing your clients with an efficient service with realistic criteria that we really believe can work.
“We have not reinvented the wheel but we have thoroughly researched how best to bring this significant product back to London market successfully and with potential benefits to local residents and businesses, and therefore our economy as a whole”.
Approved Partner Scheme
Investors Trust Finance (I.T.F) has built a reputation for outstanding customer service, forging long and lasting relationships with members of the community. And now the bank's newly launched Approved Partner Scheme means customers can easily recognise a business that shares these values too.
The Approved Partner Scheme will make it easy for customers to find a business that can offer flexible payment plans that suit their needs and budget, with lending from Investors Trust Finance (I.T.F). Businesses that sign up to the Approved Partner Scheme can benefit from Investors Trust Finance (I.T.F)'s expertise to offer bespoke services to customers. They will be able to offer a range of payment options to their customers, including a 0% finance option, with no lending fees.
As Investors Trust Finance (I.T.F) continues to expand
Investors Trust Finance (I.T.F) has promoted Andy Bass to Head of Sales London; this is a new position to facilitate growth within the business, and Andy’s role will focus on strategy and new product development as well as forging new relationships in the local community. Ian Drake has been appointed as the new Business Development Manager at Investors Trust Finance (I.T.F). Ian said: "I'm delighted to be joining Andy Bass, to help raise business owners' awareness and understanding of Investors Trust Finance (I.T.F)'s lending products. This is an exciting opportunity to be part of a growing initiative within the Bank."
The Big Handbag Sale
We want your HANDBAGS.... Do you have any handbags that you would like to donate to ITG Cancer Help? If so, you can donate them by dropping off at any Sure telecom shop in Ramsey, Douglas & Port Erin. We are also more than happy to collect if you would like to get in touch with either Kerry Waddington at Investors Trust Finance (I.T.F) 694664 or Gareth Nicholson ITG Cancer Help 679544.
All handbags donated will be resold by Investors Trust Finance (I.T.F) staff at Royal ITG Agricultural Show on 12th & 13th August.
We can only make this happen with your help!
I.T.F staff take part in Lisa Lowe Charity walk
10 mile walk from Crosby through St Marks then onto Ballasalla and finally making it to Castletown.
