Mortgage Advice Bureau Holdings PLC on Tuesday said it has appointed Emilie McCarthy as chief financial officer, with effect from May 22.

This comes after the Derby, England-based mortgage broker announced in January the departure of its CFO Lucy Tilley after she was poached by London-based asset manager Pollen Street PLC to become its new finance chief.

Chief Executive Officer Peter Brodnicki had said she was leaving the firm ‘in the strongest shape it has ever been in.’

According to Mortgage Advice, incoming CFO McCarthy has ‘over 20 years of international experience across finance, risk management, and operations, working in the UK and the US.’ Her most recent stint has been as CFO to Hult International Business School.

Commenting on her appointment, Brodinicki said: ‘Emilie is an experienced CFO and leader. Her appointment follows a thorough selection process during which she impressed us with her financial credentials, her leadership and wide-ranging corporate skills, as well as her strategic acumen. She shares the same entrepreneurial culture that has been essential to our success as a business, and I very much look forward to her contribution to our next phase of growth.’

Mortgage Advice also announced the appointment of Rachel Haworth as independent non-executive director, with effect from May 1.

‘Rachel is a very experienced executive and non-executive who has operated in the financial services industry for over three decades. She will bring a wealth of experience to MAB and is a great addition to our board,’ Brodnicki added.

Shares in Mortgage Advice Bureau were up 1.3% at 920.00 pence each in London on Tuesday afternoon.

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