Malone extends stay at PMS until 2012
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PMS has announced executive chairman John Malone has signed a contract which will extend his stay at the mortgage club for at least two further years.
Malone was due to retire from PMS at the end of this year but is keen to continue working with the PMS team.
Malone says: “I am looking forward to continuing to work alongside the strong PMS management team of John Cupis, Lisa Martin, Rob McCoy and Roger Crocker. With the increased resources of the Sesame Bankhall Group, there are now greater benefits and opportunities that PMS will be leveraging for intermediaries. We are a strong business with a growing range of services. I look forward to playing an active role in the exciting developments that are taking place within the business.
“Sesame Network members are also telling us about the improved service they are experiencing due to the greater access they have to the knowledgeable and professional PMS team based in Birmingham, so we will clearly be looking to build on that.”
Sesame Bankhall Group chief operating officer says: “John’s fundamental belief in the benefits to consumers of professional advice is as strong as ever and we are delighted that he is using his experience to help PMS brokers. John’s wealth of industry experience will continue to be put to good use fighting the brokers’ corner, during what is a critical phase given the tough mortgage market and ahead of the FSA’s Mortgage Market Review.”
Earlier this month, Money Marketing revealed that the Association of Mortgage Intermediaries had appointed John Malone as the mortgage brokers’ representative on the National Fraud Authority’s mortgage fraud forum.
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