Broadbent appointment

Broadbent will join the company’s senior management team in January 2003 with a remit to manage National Guarantee’s affairs on a day-to-day basis – and exploit a diverse range of opportunities within the non-conforming and sub-prime markets. He will report to Keith Robinson, managing director of National Guarantee.

Commenting on the appointment, Robinson said: "Howard’s appointment is a major coup for National Guarantee PLC. He is a rare commodity – someone who is widely respected and liked within the mortgage industry and yet has a proven track record of delivering results in a highly competitive commercial environment.”

Prior to joining National Guarantee, Howard Broadbent was part of the senior management team of Midland and General Direct – the mortgage and secured loans business owned by GE Capital. He had particular responsibility for Purple 3, Midland and General Direct’s packaging arm.