Finova, the UK’s largest cloud-based mortgage and savings software provider, has today announced the appointment of Sebastian Mrotzek as Director of Operations.

The new appointment reinforces finova’s commitment to running its operations to the highest standards, ensuring robust risk management, security, and resilience for its growing customer base. 

In his role, Sebastian will oversee managed services, operational resilience and security & risk, further enhancing finova’s ability to support nearly 70 live lenders. His appointment marks a significant step in strengthening finova’s expertise as the company continues to scale.

Sebastian joins finova from Redwood Bank, where he spent four years driving operational excellence. He first served as Director of Operations (SMF 24) before accepting the role of Chief Information and Technology Officer (SMF 24), where he spearheaded new IT initiatives and strengthened the bank’s cybersecurity and regulatory compliance strategies. 

He brings expertise in third-party oversight and outsourcing, alongside experience at the Prudential Regulation Authority (PRA) and the Bank of England, reinforcing finova’s commitment to upholding regulatory standards. 

Sebastian Mrotzek, Director of Operations, said:

“It’s a thrill to step up and join finova at such a critical juncture in the company’s ongoing growth. In our sector, risk management and resilience are vital to the long-term success of any vendor. Over the past few years, I’ve been fortunate enough to lead a variety of cybersecurity and compliance strategies to fruition, and look forward to applying these learnings at finova.”

Richard Marsh, Chief Operating Officer at finova, commented:

“We’re delighted to welcome Sebastian to the team during an exciting time in finova’s growth journey. I will be working closely with Sebastian to support our nearly 70 live lenders, originating over £50bn in mortgages every year. We will focus on the success of our clients, with the mindset that investing in risk and security has never been more critical. Sebastian’s deep expertise in operational resilience, risk, and regulatory compliance will be a real asset to finova, alongside his leadership experience in banking technology.

“As we continue to scale our offering, Sebastian’s appointment, and his experience as a customer, will be instrumental in strengthening our operational framework, ensuring we remain agile while maintaining the highest standards of security and compliance.”