Zahid Bilgrami named as Mortgage Brain’s next CEO

24 February 2021

UK, 24th February 2021: Mortgage technology expert Mortgage Brain has today announced that Zahid Bilgrami has been appointed as Group CEO and is expected to join the business in April.

Zahid joins Mortgage Brain after eleven years as Chief Executive Officer at Defaqto. The business was turned-around and refocussed under his leadership, and both its brand and profitably grew resulting from the evolution of its product set. Following the acquisition of Defaqto by SimplyBiz, Zahid led its integration within the SimplyBiz Group.

Previously Zahid was a Senior Manager in Andersen’s Business Consulting division, and at Balfour Beatty where he helped the board shape group strategy and led and managed acquisitions. Zahid is a qualified Chartered Accountant and has an MBA from the London Business School.

Peter Hill, Chairman comments “I’m really pleased to welcome Zahid to Mortgage Brain. He brings a wealth of experience and knowledge to the business as a well-respected CEO with a proven track record. Zahid joins at an exciting time for Mortgage Brain where over the past year we have transformed the market through delivering more new technology and with still more to come.”

Zahid Bilgrami says “I am delighted to take on the helm of Mortgage Brain from Mark’s stewardship. The business is well placed to provide new innovative fintech solutions into the mortgage and adjacent markets. I will be joining a dynamic management team which is eager to deliver ground-breaking propositions for the benefit of our customers.”

Mark Lofthouse says “I’m looking forward to welcoming Zahid to the Mortgage Brain Family and I know that under his leadership the Group will remain true to its core values and continue to lead the market through innovation and delivery. It has been a privilege to lead the Mortgage Brain family for almost two decades and retire in the knowledge that the business is in safe hands.”