Secured finance technology provider Lendscape has announced that CEO Kevin Day is stepping down, with Martin Morrin appointed as interim CEO.
Day will continue with the company as an executive adviser and a member of the board of directors.
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During his eight-year tenure as CEO and more than four decades with Lendscape, he played a key role in the company’s growth, focusing on client success, research and development, and innovation.
Lendscape executive chairman Tony Davison said: “Kevin has been at the heart of Lendscape’s success for many years, guiding the company through significant growth and transformation.
“His contributions have ensured that Lendscape remains a trusted partner for some of the world’s most prestigious banking and financial services providers. We are delighted he will continue to share his ex pertise in his new role as executive adviser.”
Day said: “It has been an incredible journey, from starting as a junior programmer to leading the company as CEO.
“Over the years, Lendscape has consistently provided best-in-class solutions, always focused on driving value and success to our clients. It’s been a privilege to work alongside such a talented team and I look forward to continuing my work with Lendscape in my new advisory role as the company moves into this next exciting phase.”
Morrin has served as chairman of Lendscape’s advisory board since 2022. He specialises in receivables finance and asset-based lending, and has held leadership roles at RBS/NatWest, Barclays, and Santander.
In addition to these leadership changes, Lendscape has made two appointments to its executive team, notably Patrick Myles as chief technology officer and Gareth Evans as chief revenue officer.
Lendscape has designed, developed, and delivered secured lending technology to more than 40 markets, serving various banking and financial services providers.
The company supports a variety of working capital and asset finance solutions, including factoring, invoice discounting, supply chain finance, asset-based lending, and other specialist finance forms.
