Ex-M7 finance head named CREFC Europe chair-elect
Alison Lambert, CFO and COO Martley Capital takes over from Nassar Hussain of Brookland
CREFC Europe has named Alison Lambert as chair-elect.
Lambert will replace Nassar Hussain, founder and partner at Brookland, who will take over as chair from Chris Bennett of Deka Bank. The latter is the managing director and head of the London branch of DekaBank Deutsche Girozentrale.
Currently a member of the CREFC board, Lambert was formerly head of finance – listed markets at M7 Real Estate and is now chief financial officer Martley Capital. The latter is a new real estate investment platform which is led by chief executive Richard Croft, who founded M7. The other members of the senior team at Martley are fellow M7 alumni Jack Thoms and Andrew Jenkins, and former head of JLL corporate finance Tony Edgley.
Lambert said: “After working with CREFC Europe for over five years, it is an honour to be appointed chair elect, especially given the role has, until now, been traditionally held by an industry leader from the lending side. That transition is a testament to the growth of CREFC Europe since it was established in 2004 initially for the CMBS market and more recently to represent the wider spectrum of lenders into the organisation it has become today – an invaluable meeting place and point of reference for all participants in European real estate finance markets.”
Following the news of Lambert becoming chair-elect, CREFC has also announced that Emma Huepfl is stepping down after nine years of service. Jessica Tomlinson of Barclays Bank, who is the next longest-serving director, was re-elected for another one-year term following the conclusion of her year as immediate past chair.
Nassar Hussain, new CREFC Europe chair, said: “The transition to more normalised interest rates and lower values (in most cases) is creating both challenges and opportunities in the real estate finance markets. With interest rates being higher for longer, deeper issues lie ahead for the lending market, as the full impact is delayed until further loans mature or lenders realise there are no easy solutions.
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