Lloyds Bank’s corporate and institutional banking arm has appointed Jess Tomlinson as managing director, head of real estate and housing.
Tomlinson has more than 20 years’ experience in real estate and housing, gained in banking, private equity and law firms. She joins from Barclays, where she was most recently its head of public sector, leading the team that supports education, social housing, charities and local and national government clients.
Her prior roles at Barclays include head of London real estate, head of South East and Eastern real estate, and head of real estate asset and transaction management. Before Barclays, she spent three years as a principal in Blackstone’s real estate debt strategies team, five years at RBS in its real estate finance team and six years at law firm Allen & Overy.
Tomlinson will join the London office later this year, reporting to Scott Barton, managing director, head of corporate coverage. She succeeds Madeleine McDougall, who decided to move to a part-time advisory role with Lloyds Bank earlier this year.
In her new role, Tomlinson will lead Lloyds Bank’s real estate and housing team, which counts developers, landlords, housing associations and most of the UK’s largest housebuilders among its clients.
Across the broader group, the bank has relationships with more than 340 housing associations and has provided over £17bn in new financing to the social housing sector since 2018.
Lloyds said Tomlinson will help drive continued growth in the real estate and housing sector, as well as represent the group to support government policy on key subjects such as social housing, sustainability and regional development.
Barton said: “The strong experience Jess has gained in these roles will help us to further our growth ambitions in our corporate coverage franchise, and I am looking forward greatly to our clients being able to benefit from her knowledge and expertise.”
Barton added that McDougall had been a “terrific leader of the real estate and housing business over the past six years and her continued involvement will be of immense value to us all”.
Tomlinson said: “The clients we support play a pivotal role in meeting the property needs of the UK, whether that is making available more, much-needed social housing stock, building more homes for people to buy or rent, or providing high-quality commercial buildings and offices that provide businesses with the spaces they need to work in and generate growth for the economy. I look forward to joining later this year and leading the team as we deliver for our clients in the months and years ahead.”
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