MI appoints financial director and company secretary

Davies qualified as a chartered accountant in 1994 with Ernst & Young. Most recently, he held the positions of financial controller and senior operations manager for HSBC's IFA business in the UK. Phil brings with him international experience of the mortgage industry having also held senior finance positions with lenders and distributors in Australia and Canada.

Sally Laker, managing director at MI, commented: "At last I will have someone to share the finer points of the game with." When quizzed by Wales rugby fanatic Rob Griffiths, editor at Mortgage Introducer magazine, it soon became evident that Sally was referring to the 'mortgage game' rather than Wales' much loved national pastime.

Laker continued: "In the short time that Phil has been with us he has already made a significant contribution to the strategic direction and growth plans for the business over the next three years. I am delighted to have him on board.”

Phil Davies commented: “I was attracted to Mortgage Intelligence because Sally and the team have an outstanding business model and I want to be part of a dynamic, confident and forward thinking organisation. Regrettably, I won’t be able to discuss Wales chances of winning the forthcoming six nations championship with Sally, but then no job is perfect!”