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Barclays mortgage boss David Finlay quits

Barclays managing director for intermediaries David Finlay has resigned from his position at the bank.

Finlay has been with Barclays for almost 15 years, joining as national intermediary accounts manager in 1999. He became managing director of intermediaries in April 2012. Up until his departure, Finlay had responsibility for all mortgage distribution channels for Barclays, including branch, telephony and intermediary.

He will be replaced Jackie Uhi, who currently leads Barclays’ direct mortgage distribution.  It is not known whether Finlay has lined up a new role.

Finlay has also stepped down as chairman of the Intermediary Mortgage Lenders Association. Deputy chairman Charles Haresnape, managing director of residential mortgages at Aldermore, has taken up the role on an interim basis ahead of a membership ballot this week.

Finlay became Imla’s first chairman from a mainstream retail bank in November 2012 and was re-elected for a second term last year.

Your Mortgage Decisions director Dominik Lipnicki says: “Hiring someone with a direct distribution background is an interesting direction to be going in. One hopes Jackie Uhi will see how important the intermediary market has been to Barclays, especially in the bad times.”

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