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Batchelor quits Platform for Lehman role

Platform sales and marketing director Guy Batchelor has quit the lender to join Lehman Brothers in the new year.

Batchelor, who will be on gardening leave until the end of the year, will become Lehman’s executive director responsible for franchise development in the firm’s European mortgage capital business.

Following the shock move, Platform has announced that an interim replacement will be appointed until a permanent successor can be found. Batchelor, who has spent nine years at Platform, will retain his role as Intermediary Mortgage Lenders Association chairman but will no longer act as a spokesperson for Imla.

Platform managing director David Tweedy says: “I look forward to continuing to develop and drive the growth of Platform over the coming months and years. I sincerely wish Guy all the very best with his career and personally would like to thank him for the contribution he has made to Platform.

Platform holds a pivotal position within the specialist mortgage sector and we have a number of exciting initiatives planned for the remainder of 2006 and beyond, that will further enhance our aim to become the intermediaries favourite lender.


This week in Pensions

This week’s pensions web-log sees controversy rage around loopholes and the like with Standard Life questioning whether Axas latest Sass offering will get past
the Revenue.

Weed them and reap

The FSA’s second review of the equity-release market saw the unprecedented move by the regulator of asking advisers who only write a small amount of equity-release business to stop and refer them on to specialist firms.

Hutton dressed as lamb

By the time you read this column, the public administration select committee will have published its report into the Government’s refusal to offer proper compensation to125,000 people who have lost most of their pensions following the wind-up of their occupational schemes.


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