Chief executive of Britannic Money, Tony Ward, will succeed John Heron as chairman of the Intermedia...
Chief executive of Britannic Money, Tony Ward, will succeed John Heron as chairman of the Intermediary Mortgage Lenders Association.
This will be Ward's second term of office as chairman while Heron, who is also Managing Director of Paragon Mortgages, has been asked to take the stay with the board of directors and take up the post of vice chairman.
"There cannot have been many more challenging years for the industry than the one we have just had," says Ward.
"Much of this has been down to the development of the new regulatory regime. IMLA will continue to play a vital role in ensuring there is meaningful debate on the format of mortgage regulation and other government measures, which will impact on our market and the role of the intermediary. I expect IMLA to remain well and truly engaged in a positive manner in the consultation process this year".
For more information about the IMLA, click thru the right-hand link.
Despite improved risk appetite
FOS award limit increase
Relates to 136 million transaction reports
Ceremony will take place 13 November