Afin Bank has appointed Tippie Malgwi (pictured above) as head of high net worth and diaspora banking.
Tippie has helped drive the bank’s HNW proposition since joining last year.
This allows customers to include assets such as pensions, investments, shares, real estate holdings and even fine art and classic cars in mortgage affordability assessments.
In his new role, Tippie will also continue to oversee Afin’s diaspora mortgage offering.
This is designed for foreign nationals working in the UK who find it hard to get a home loan because of their visa or a lack of UK credit history.
“The contribution Tippie has made to Afin Bank in such a short time, particularly in helping us build our diaspora and HNW propositions, has been exceptional, so I am delighted that he is taking on this new role,” said Jason Oakley, CEO at Afin Bank.
“He brings a unique combination of mortgage knowledge and understanding of customer needs, which means he can have a very technical conversation with advisers about their HNW clients, just as easily as he can talk directly about the importance of home ownership with people in diaspora communities.”
Tippie said: “The response to the Afin HNW mortgage has been incredible because it gives borrowers more scope in assessing their affordability, which usually isn’t possible via mainstream lenders.
“I am also delighted to continue to help to drive the awareness of our mortgages for diaspora communities. These are people, such as health workers and other professionals, that are crucial to our society and should be given the chance to buy their own homes.”
