The positions are split between small, medium, and large firms to ensure fair representation across the industry.
All Board positions are re-elected on at least a three year rolling cycle. Existing Board members, Paul Carley (small firms) and Steve Feeney (medium firms) are both standing for re-election.
Director Robert Sinclair says: “We are an open and transparent body, which is fully representative of its members and their interests, and we welcome all nominations to the Board.
“These are challenging times for the industry and the wider economy and it is more important than ever that the industry has a strong trade body representing its interests with regulators, politicians and the media. However, we are only as strong as our members make us. That is why it is vital we have engaged members who are willing to serve on the Board. The secured loans industry faces a number of key challenges this year and sitting on the AFB Board offers a great opportunity to influence the future shape of our industry.”
Individuals have until 9 July to nominate themselves, with elections opening on the 21 July. The election closes on 6 August with the results announced two days later.
To stand for election, full AFB individuals must complete a nomination form and be nominated by two members from the same constituency, one of which can be from their own firm.