Mortgage broker consolidator names new CEO

Pivotal Growth strengthens leadership amid ongoing acquisitions

Mortgage broker consolidator names new CEO

Pivotal Growth has announced the appointment of Mayank Prakash (pictured), who will take up the role of chief executive officer from Sept. 1.

Prakash joins the company after a career spanning financial services, technology, and the public sector. Most recently, he was group chief operating officer at Evelyn Partners, where he oversaw growth across wealth, professional, and fund services. He is currently a board director at Softcat and Uber in the UK.

His previous experience includes serving as director general at the UK Government, where he led the expansion of digital pensions services for 13 million users. He has also held senior executive roles at Centrica, Morgan Stanley, Sage, and Avaya. In 2024, Prakash was awarded a CBE and was recognised as the UK’s most influential business leader by Computer Weekly.

“The opportunity to unify the fragmented market and utilise AI for every personal adviser’s interaction has the potential to transform the mortgage experience, which is a key life decision,” Prakash said. “I look forward to working with the talented team at Pivotal to establish the UK’s trusted mortgage adviser of choice.”

Prakash’s appointment comes as the firm continues to expand its presence in the UK mortgage sector through a strategy of consolidation and technological advancement. The company, which has recently completed 19 acquisitions and now works with more than 500 advisers, is seeking to strengthen its position in the market by combining personalised mortgage advice with the use of technology and artificial intelligence.

“Mayank brings a rare combination of strategic vision, buy and build growth, operational excellence, and technology transformation,” said Simon Embley, chairman at Pivotal Growth. “His appointment marks a pivotal moment in our journey to raise market standards to deliver consistent, high-quality outcomes for mortgage customers across the UK.”

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