FIBA names new chair

Outgoing chairman to remain as consultant

FIBA names new chair

The Financial and Intermediary Broker Association (FIBA) has announced that, from May 1, Martin Reynolds will become its new chair, following the decision of its founding chairman, Adam Tyler, to step down.

Reynolds (pictured) is the chief executive officer of SimplyBiz Mortgages, and an executive committee member of its AIM listed parent company Fintel. He will remain in both roles.

Tyler will also remain as a consultant to FIBA throughout 2023 to provide continuity during the transition.

Meanwhile, FIBA said it was also currently recruiting an operations manager to further bolster its delivery of services to members, support its continued growth, manage lender relationships, and coordinate members’ activities.

FIBA has just celebrated its fifth anniversary, and its 2023 Annual Conference takes place on March 21 in Manchester, where there will be over 50 lender stands and a specialist property finance seminar program.

“I have been looking after those intermediaries involved in specialist property and commercial finance for 18 years now, and arrived from the lending community having already been a broker in the sector,” Tyler said.

“There has been so much change for the better over that period of time, and the launch of the Certified Practitioner in Specialist Property Finance (CPSP) qualification seemed to be the right time to pursue those other areas of commercial finance that are beckoning. One of our greatest achievements as brokers together, has been to help the launch of a number of great lenders emerge into the market, and it will be nice to continue to help that side of the industry grow.”

Reynolds added that while he was sad to see Tyler step down after the work that he had done in the past five years, he was delighted to be taking over at such an exciting time for the industry.

“The launch of the CPSP will be the next positive step for the industry, and FIBA will be at the forefront of this change,” the incoming FIBA chair stated.

“Adam has created something very special and, as the driving force for FIBA, he should be very proud of what he has achieved in such a short space of time, including the imminent launch of the new CPSP. He will be greatly missed, but I know he will always be available to provide guidance.”

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