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New CEO hired by Mortgage Brain

Mortgage Brain has recruited a new CEO, with Zahid Bilgrami being the man appointed to the position, having previously held the same title at Defaqto.

Bilgrami spent more than a decade as the Defaqto CEO and played a leading part in overseeing its integration into the SimplyBiz Group after the latter bought it. His experience also includes time spent within the business consulting department at Andersen, where he was in senior management, and as Head of Acquisitions for Balfour Beatty. He holds a London Business School MBA and is a certified chartered accountant.

The newly appointed CEO will be taking over from Mark Lofthouse, who has announced his retirement after close to 20 years as Mortgage Brain’s CEO. Speaking to Financial Reporter, Mortgage Brain Chairman Peter Hill stated that he was delighted that Bilgrami had accepted the position and that his track record and experience made him the ideal fit, before adding:

“Zahid joins at an exciting time for Mortgage Brain where over the past year we have transformed the market through delivering more new technology and with still more to come.”

Bilgrami said that he was thrilled to be taking the role on, and that Mortgage Brain was in an ideal place to continue developing cutting-edge fintech products for the mortgage sector into the future.

Given how important the solutions that Mortgage Brain has created are proving to be to advisors in 2021, anyone with CeMAP training will be happy to see someone so qualified assuming the CEO role there.

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