CompaniesMar 15 2016

Cupis takes up post at Openwork

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Cupis takes up post at Openwork

Openwork has confirmed the appointment of John Cupis as its mortgage director.

The appointment was first announced in September, with Mr Cupis now assuming responsibility for running and developing the network’s mortgage, protection and general insurance proposition.

He joins from being Sesame Bankhall Group’s managing director of mortgages for eight years.

Prior to joining SBG, Mr Cupis worked at Legal & General, fulfilling various senior roles within the business, including mortgage propositions director.

Mark Duckworth, Openwork’s chief executive, said his arrival will be pivotal to the ongoing development of the network's growing mortgage business.

Mr Cupis added that the business has the potential to grow even further.

“I am excited by the prospect of building on the great foundations already in place and, in the wake of Openwork’s ownership agreement with Zurich, delighted to work for a business that offers joiners not only great deals and service, but part-ownership of the network.”

In February, Openwork and Zurich signed an agreement that will see the insurer divest its 25 per cent shareholding in the network within four years; the culmination of the strategy set out by Zurich when Openwork was created in 2005.

peter.walker@ft.com