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28 February 2011

Specialist lender, CHL Mortgages, has today (28th February 2011) appointed Sunny Lo as its new Finance Director, a post he held previously prior to leaving CHL six years ago. Sunny rejoins CHL from secured lending business, Swift Advances plc, where he held a variety of roles including Finance Director and Company Secretary. Sunny replaces former Finance Director, Ludwig Krause, and will be responsible for the company’s finance team and all areas relating to CHL’s financials including treasury, budgets, business plans, strategy and performance. Bob Young, Managing Director at CHL Mortgages, commented “It is with great pleasure that we welcome back Sunny to the Finance Director position at CHL – a role he occupied with distinction before leaving to join Swift Advances. We recently stated we were looking to re-employ a number of individuals who had previously worked at CHL and we are obviously delighted to count Sunny back in with a number of other employees. It is always disappointing to lose a valued member of the management team and we wish Ludwig Krause all the best with his career. However, to have tempted back Sunny is a great coup for the business. He has already fitted back into our operation and his strong business knowledge means the handover has been seamless. I am sure Sunny will bring all his experience and skills to bear in his second stint back at CHL.” For full information on CHL visit: www.chlmortgages.co.uk ENDS

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