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B&W sales chief Perks quits for Britannic role

Mortgage lender Bristol & West is losing head of sales Bob Perks to rival Britannic Money, where he will become head of business development.

Perks will take up this newly created position on June 17 and work alongside head of intermediary sales Austin Jelfs, who joined from Preferred Mortgages this month.

Bank of Ireland subsidiary B&W says it has been restructuring its business divisions and has yet to decide if it will fill the position held by Perks for the last two years.

As part of B&W&#39s restructuring, Denzil Morgan is moving from head of the intermediary division to a new role as head of operations and market development.

Britannic Money is refusing to confirm if the appointments of Perks and Jelfs relate to speculation that it is planning to move into new market areas, including sub-prime.

Head of marketing Rachel Ramsden says: “I can only confirm that Bob Perks will join as business development director on June 17. As part of what goes on generally, we always look at new areas of the market.”

B&W spokesman Mike Gutsell says: “Bob Perks will leave in mid-June. As far as I know, we have not decided what will happen with the head of sales position.”

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