Mortgages for Business has appointed Steve Olejnik to the position of managing director, replacing founder David Whittaker in the role.
Mr Whittaker will no longer run the independent brokerage he set up in 1990, but will remain chief executive of the Property Business Group Ltd, which owns the brokerage and buy-to-let brand Keystone Property Finance.
Mr Olejnik has more than 20 years of business development leadership experience within the mortgage and retail banking sectors and joined Mortgages for Business in 2002, after 14 years at NatWest.
Mr Whittaker said the appointment is a well-earned step-up for Mr Olejnik, who has won several awards for his work.
Mr Whittaker added: "Steve has been my right-hand man for many years now and I trust him implicitly to lead the business through our plans for rapid growth - he has the drive and the diplomacy to deliver."
Mortgages for Business is an independent mortgage broker specialising in buy-to-let, complex residential and commercial mortgages and also brokers short term and property development finance.
Commenting on his new role, Mr Olejnik said he was focused on the task ahead and ready for the challenge.
He added: "The buy-to-let mortgage market in particular has become more complex in recent years and I am keen to ensure that we remain at the forefront of helping landlords implement wise financing strategies to run successful portfolios."