Revolut has confirmed that Duncan Batty, whom it hired to build its commercial real estate (CRE) lending business, has left the company. The Next Web reported the departure on 6 October 2026, saying Revolut gave no reason and named no successor.
What is confirmed about Batty’s departure?
Batty joined Revolut in January 2025 from M&G Investments, where he had co-led the real estate finance platform. The Next Web reported that his departure was confirmed by a company spokesperson and appeared in Companies House filings; the underlying filing was not independently reviewed for this report. The Next Web’s report does not provide a reason for his exit.
As an Amazon Associate I earn from qualifying purchases.
What was Batty hired to build?
A historical Revolut-attributed job listing described a new lending unit to be built from scratch. It set out an intended focus on mid-sized commercial real estate lending in the UK and EU, but does not establish that the unit launched or remains active. The archived Head of Commercial Real Estate Lending listing outlined responsibilities including:
Free tools Windows power users keep installed
One-click scans. No signup required.
- Setting strategy and choosing target market segments.
- Building and managing a team.
- Establishing processes and governance.
- Developing third-party partnerships.
- Meeting regulatory and compliance requirements.
The listing sought a candidate with at least eight years of relevant experience. These details describe the role’s original brief, not verified current plans or operations.
#1 Best Overall
Who is replacing Duncan Batty?
No successor has been named in the reporting reviewed. Revolut announced on 4 August 2026 that Sid Jajodia was its Chief Banking Officer and would join the group board as an executive director, subject to regulatory approval. That announcement describes his banking and lending background but does not connect him to Batty’s remit; it is not evidence that Jajodia is Batty’s replacement. Revolut’s announcement about Jajodia.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What is not known about Revolut’s CRE lending operation?
The departure alone does not establish whether the team or lending activity continues, has changed scope, or was launched. The Next Web reported no published figure for Revolut’s property lending. It gave no CRE lending volume, loan-book size, transaction count, or breakdown by target market, so group-level figures should not be treated as CRE lending metrics.
Quick Recap
Best Value
Rank #2
- Revolut has not disclosed why Batty left in the reporting reviewed.
- The reporting does not identify who, if anyone, has taken over his responsibilities.
- The available sources do not establish the current status or scale of a CRE lending operation.
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
Do these 3 things before closing this tab:
1Clear out junk files and repair common Windows errors2Scan for outdated or missing drivers - takes under a minute3Repair Windows errors before they cause bigger problems
