Close Brothers Property Finance has appointed a business development director, strengthening its regional footprint across the Midlands, South West of England and Wales.
Shon Pallickaleth joins from Lloyds Banking Group, where he spent 15 years.
Most recently, he served as relationship director, leading the bank’s Real Estate business for the South West of England and South Wales.
His focus will be on growing Close Brothers Property Finance’s presence in the Midlands, South West and Wales.
Alongside his banking career, he serves as a non‑executive member of the Homes & Treasury Committee at Brighter Places Housing Association.
Phil Hooper, chief executive, Close Brothers Property Finance, said: “Shon’s appointment marks an important step in expanding our regional expertise and strengthening our presence across the Midlands, South West and Wales. As the business continues to grow, enhancing our coverage in key regional markets is a strategic priority for us.
“Shon brings a wealth of local market knowledge, strong client relationships and extensive real estate finance experience. He will play a vital role in supporting our customers and growing our portfolio in the region, particularly at a time of increased demand for flexible funding underpinned by local expertise.”
Shon Pallickaleth added: “I’m delighted to be joining Close Brothers Property Finance at a time of continued regional growth for the business. Close Brothers has a long-standing reputation for building trusted, long-term relationships with customers, and I’m looking forward to working closely with developers to provide tailored funding solutions that support the delivery of new schemes across the region.”