ConnectedFi, a technology provider for the UK asset finance sector, has appointed Peter Hunt as non-executive chairman, the company said in a press release.
Hunt (pictured below) has over 25 years of experience in the commercial finance sector, having held UK and international leadership roles focused on strategic growth and operational development, the company said.
He has acted as a board advisor to ConnectedFi since 2018 and has played an important role in its market adoption.
The company “provides a platform for asset finance intermediaries to distribute business, along with documentation and underwriting data, to funding sources for immediate processing,” according to a social media post.
“I’m excited to be joining ConnectedFi at such a critical time in its development. The business is lean and profitable, it operates at pace, has a distinct market identity and a great technology base that supports scaling up through platform functionality, market extension and international expansion,” Hunt said.
In his new role, he will work closely with CEO Kaushik Chakravarti and chief product officer Timur Kunayev.
Chakravarti said: “Peter combines vision, passion, integrity and a desire to get things done. We are blessed with a range of strategic growth options – our challenge in the next phase of growth will be to systematically realise the opportunities we see. Peter has shown that he can drive the focus and structure we require while being able to adapt quickly to changing market requirements.”
In parallel with his new role, Hunt will continue to operate as COO of the specialist financial services consulting business, Finativ.