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5D Finance chief executive steps down

5D Finance has confirmed that Keith Howard has stepped down as chief executive officer to pursue other activities.

William Hodson and Owen Espley have both been named co-interim chief executive officers of the non-conforming mortgage lender.

Hodson, who is the chief financial officer, formed the business with Howard in 2006. Espley, who is the chief operating officer, joined 5D from CPA in April 2007.

5D has achieved significant month on month growth in 9 months of operation. The company has secured active working relationships with over 40 packagers nationwide and enquiries have increased by over 30% month-on-month for the past 6 months.

5D’s sales team has doubled in recent months and is expected to double again by year-end.

Espley says: “5D is now dealing with over 40 packagers nationwide and we expect this growth to continue. William and I are looking forward to taking the company forward together.”

Hodson adds: “5D now has a broad range of products for most industry segments and is in a position to deliver new products very quickly as new demand arises. The next phase in our development is set to be very exciting.”


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