Hope Capital has promoted Jemma Wood to the role of head of portfolio management, with immediate effect.

Wood joined Hope Capital in 2019 as a portfolio case manager, and has since implemented a range of systems and processes to improve control and efficiency.

Prior to joining Hope Capital, Wood  worked in the insolvency sector for 14 years, with experience of both English and Scottish insolvency legislation.

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Wood said: “This is a really exciting opportunity. I’m really grateful for the support and help I have received from my colleagues at Hope Capital, which will assist me in my success in this new role.”

Jonathan Sealey, CEO of Hope Capital, added: “Portfolio management is essential to a bridging lender, ensuring that loans are redeemed on time, and working with borrowers and other stakeholders if they run into unforeseen circumstances that need to be managed.

“Ever since she came to Hope Capital, Jemma has shown that she has what it takes to communicate effectively with borrowers and deal promptly with any situations that arise.

“It’s great to be able to recognise her contribution and to see her take a well-deserved step up.”