Pivot has appointed Chris King as its head of credit, a position in which he will play a “significant role” in its “ongoing commitment to being a true partner to brokers and borrowers”.
King joins from Secure Trust Bank, where he worked for nearly seven years, most recently as the head of credit risk and, before that, the regional head of real estate finance for London.
In his role as the head of credit risk, he managed a portfolio of around £1.3bn.
Prior to that, he was the team head of real estate finance for credit at Future Williams & Glyn at RBS for around two years. Before that, he was the director for commercial banking and the head of London real estate finance at RBS.
Pivot said it had been boosting its funding capacity and growing its team. Going into 2025, the firm says it has a “strong pipeline” of business and has completed close to £250m in transactions to date in development and short-term funding solutions.
The company said King will “add value to the Pivot’s day-to-day dealings with brokers and borrowers, providing the necessary information that saves time and enables quick, confident communication”.
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Shahil Kotecha, Pivot’s CEO, said: “Evolving Pivot over the course of the last 12 months has been such an exciting journey. I can say, without a doubt, that we have assembled a team of extremely capable, experienced people that are going to drive us towards our goals in 2025 and beyond.
“Chris’s appointment bolsters the management team and improves our overall ability to remain structured but nimble and open to ideas and fresh approaches – something [that] just makes sense to our borrowers, whose circumstances are rarely straightforward.”
King added: “Pivot is a refreshing outfit that aligns well with my attitude to the role as well as the importance of empowering our credit managers. My vision is to instil confidence in the Pivot team so that they can convey our offering in a way that is clear and compelling to our borrowers.”
He continued: “Robust governance feeds into this, but so does an agile policy that is easy to interpret and says what we do and, crucially, what we don’t do.
“My goal is to contribute to Pivot’s ongoing trajectory of success, alongside Kotecha, whose leadership and transparency makes this an aspirational outfit to be a part of.”
