Lehman Brothers appoint Batchelor

Batchelor will join the Firm in January 2007, and report to Chris Rupp, chief administrative officer of the business in Europe.

In his new role, Batchelor will work alongside the existing senior management team to develop and implement strategies focused on driving business growth throughout Europe. Batchelor is chairman of the Intermediary Mortgage Lenders Association (IMLA) and an executive member of the Council of Mortgage Lenders (CML).

Previously, Mr. Batchelor worked for nine years at Platform, where he was most recently sales and marketing director, with responsibility for e-commerce, sales and product development. He has held a variety of sales and business development roles in the specialist lending market over the past 15 years.

Mr Bilsborough, chief executive officer of the mortgage capital business in Europe, said, "Guy is a recognised and respected senior figure in the industry, and his 20 years of experience will complement the skills of our existing senior management team. We look forward to working with Guy in the implementation of our ambitious growth plans."

Batchelor said: "I am delighted to be joining Lehman Brothers European mortgage capital business and I look forward to helping the continued development of each of the business's existing brands and looking at new opportunities to further the franchise's growth."