Cheltenham & Gloucester intermediary sales director John Champion will be leaving at the end of the month after 20 years with the firm.
A C&G spokeswoman says Champion had told the company earlier in the year that he would be leaving but had decided to stay on until this month to oversee the restructure at the company, which included a move to centralise its mortgage processing systems.
C&G said last month that it would be closing 31 of its 195 UK branches by November.
Champion joined C&G in 1987 as a branch manager and then became regional manager, head of branches and director of distribution.
The firm has started its search for a replacement.
Chief operating officer Joy Griffiths says: “John Cham-pion has decided to leave C&G at the end of September after nearly 20 years of service.
“C&G has changed enormously over the past few years and John has played a key role in helping to shape and develop the business. He has made a significant and valued contribution to our success.”
Brentchase Financial Services mortgage specialist Mike Fitzgerald says: “He has brought C&G from the backwoods. The public percep-tion of C&G is strong and reliable and he has had a lot to do with it.”