Phoebus Software Appoints New Managing Director

Phoebus Software, a leading provider of mortgage and savings servicing software, has announced the promotion of Adam Oldfield to managing director, effective from July 1, 2024. Oldfield, who has been with the company for five years, will take over the reins from Paul Hunt, who will transition to vice chairman of the board of directors.

Phoebus Software’s new managing director, Adam Oldfield

Oldfield has an impressive track record in the mortgage industry, with over 20 years of experience. During his tenure at Phoebus, he has held various roles, including head of sales and account management, and most recently, chief revenue officer.

In his new role, Oldfield will be responsible for driving the company’s growth strategy and building on the success achieved under Hunt’s leadership. Phoebus Software has grown significantly under Hunt’s tenure, with the company now boasting 140 staff and over £110bn assets under management.

Hunt, who has been with Phoebus for 20 years, said: “Phoebus is the most fantastic company. We have wonderful people and a great culture. The business and its people care about more than just providing the best service and best product they can, but really believe in giving back to the community while minimising the impact we have on the environment.”

“It has been an absolute privilege to be a part of Phoebus for the past 20 years, and I aim to continue to make a positive difference but from a different position on the board.”

Oldfield added: “It is my absolute pleasure to take over as managing director of Phoebus. I’d like to thank Paul for the leadership and direction he has provided over the past twenty years. He leaves very big shoes to fill and if I achieve even half of what he has it will be a success.”

Phoebus Software’s growth trajectory

Phoebus Software is an inspirational company to be a part of, with some of the best staff in the industry. We have a great vision for taking the company forward and will continue the growth trajectory that Paul has taken us on so far. Our ambition is to continue to develop and grow and provide the best mortgage and savings servicing software in the UK and across Europe.

With Oldfield at the helm, Phoebus Software is poised for continued success and growth in the mortgage industry.