Mount Street Group, a global third-party loan servicing and credit asset management firm, has appointed Joe Ellis-Grewal as executive director to support the expansion of its corporate loan agency services.
Ellis-Grewal will be based in London and report directly to Serenity Morley, managing director.
Paul Lloyd, co-founder and CEO at Mount Street, commented: 'The strategic appointment will play a significant role in our continued growth in the corporate sector.
'Joe's expertise in the trustee and agency space will be instrumental in expanding our services in this area, with a particular focus on positioning our CreditHub technology as key differentiator amongst our competitors.'
Ellis-Grewal previously spent five years at Global Loan Agency Service, most recently as head of business development, UK. He is expected to play a central role in building out Mount Street’s corporate loan agency services, leveraging his track record in both performing and non-performing credit across the EMEA region.
Mount Street celebrates its tenth anniversary this year and the firm reports it has continued to increase market share across its key sectors, having increased assets under management by €50 bn over the past two years.
The firm currently counts a 200-strong team of professionals operating through ten offices across EMEA, USA and Australia.
Ellis-Grewal added: 'Having witnessed Mount Street’s rapid growth over the past few years from within the sector, I’m hugely excited to join the team and support the build out of its corporate loan agency services.
'Mount Street is highly regarded in the market for its excellent service levels and its in-house platform and I look forward to supporting on the delivery of its exciting growth ambitions.'