IMLA introduces new Board

Following its Annual General Meeting in London, the Board of Directors for the 2009/2010 year, which runs from 1 December to 30 November, are:

Colin Shave, chief executive, GE Money Home Lending Ltd

Tony Ward, chief executive, Home Funding Ltd

Kevin Purvey, head of intermediary sales, C&G plc

Tom Gurrie, divisional director (intermediary sales), Chelsea Building Society

Lee Gladwell, sales and proposition director, Platform

Colin Shave and Tony Ward are current directors, and Tony will serve as Deputy Chairman for the year. Peter Williams, current executive director, will become executive chairman.

Outgoing directors including Godfrey Blight (GMAC RFC) who has served as chairman for two years, John Heron (Paragon Mortgages) who has served as both chairman and deputy chairman, and Bob Young (CHL), none of whom stood for re-election.

Peter Williams, executive chairman said: “This is a year of transition for IMLA, and for the industry as a whole. With many changes underway in member firms, we have decided to opt for an executive chairman backed by a strong board of directors. We feel this is the right management structure in the current environment and will represent the best interests of members.

“IMLA has been very well served by our out-going directors - Godfrey, John and Bob and we would like to thank them for their hard work and service over the years. We are delighted to welcome Kevin, Tom and Lee, who will broaden the spectrum of representation in terms of firm profile and bring huge experience to our core intermediary market concerns. We see this as very timely as we go forward with the Financial Services Authority's Mortgage Market Review.”