Mortgage broker consolidator, Pivotal Growth, has appointed Mayank Prakash as the group’s chief executive officer.
Pivotal Growth was established in 2021 as a joint venture between Pollen Street Capital and LSL Property Services, with Simon Embley as a founding shareholder.
Pivotal has recently completed 19 acquisitions, including John Charcol, and has a network of over 500 professional advisers.
Mayank joins Pivotal Growth following an accomplished career spanning financial services, technology and the public sector. He recently held the role of group COO at Evelyn Partners, where he led EBITDA growth across wealth, professional and fund services. He currently serves as a board director at Softcat and Uber in UK. Mayank holds an MBA from Manchester Business School and is a Fellow of Wharton and BCS.
Previously, Mayank served as director general at the UK Government, where he scaled digital pensions services for 13 million customers. His earlier roles include senior executive board positions at Centrica, Morgan Stanley, Sage and Avaya.
Simon Embley, chairman of Pivotal Growth, commented: “Mayank brings a rare combination of strategic vision, buy and build growth, operational excellence, and technology transformation. 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.”
Mayank Prakash added: “I’m honoured to join Pivotal Growth, following in the footsteps of Simon. 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. I look forward to working with the talented team at Pivotal to establish the UK’s trusted mortgage adviser of choice.”
