April 23, 2024
Finance

Paragon Bank welcomes new development finance relationship director


Paragon Bank has appointed Karl Kent (pictured above) as a relationship director in the development finance division, focusing on Yorkshire and the Northeast.

Karl joins Paragon from Shawbrook Bank, where he spent three years as a relationship director for the north of England. 

In his new role, Karl will be supporting SME housebuilders and property developers in Yorkshire and the Northeast across a range of property types, including residential, retirement housing, PBSA and BTR.

He will report to senior relationship director Nigel Jackson. 

Commenting on his recent appointment, Karl said: “I am pleased to be joining the development finance division at Paragon as it is a well-established team with talented individuals who work on some great projects.

“I’m looking forward to bringing my experience to the role and hope that together we can build on the division’s existing success.

“Yorkshire and the Northeast boasts some fantastic developers, and I will work with them to deliver much-needed new homes to the regions.” 

Neal Moy, managing director of Paragon Bank’s development finance division, added: “Karl’s experience in the development finance sector is extensive and will be of great benefit to both our team and our clients.

“At Paragon, we strive to recruit the best talent to enable us to support our clients and deliver great results.

“Therefore, hiring experienced team members like Karl is essential in helping us to build on our success.”



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