Farr steps down in AMI reshuffle

AMI says the restructure will take account of current market conditions and will reflect the issues faced by AMI members. Director General Chris Cummings will take over day-to-day management after Farr steps down at the end of July. Cummings will be supported by a five-strong policy team, including Andrew Strange, who was recently appointed as policy director, and who will take over the responsibilities of Fay Goddard. “Part of our recent internal review was a look at our cost base. Like many others in the mortgage industry, we need to reduce costs and ensure resources are focused ...