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CML director general Michael Coogan to stand down

Council of Mortgage Lenders director general Michael Coogan is stepping down from his role in August.

Coogan has been director general of the CML since December 1996, when the organisation became independent from the Building Societies Association.

He was previously head of the legal and policy department of the combined BSA and CML, having originally joined as a lawyer within the policy team in 1987. He previously held roles with the Greater London Council, the Consumers Association, and as a barrister.

Coogan says he feels it is his time to seek a new challenge.

He says: “With the credit crunch behind us, a very capable executive team, a new chairman with a supportive and committed board, and a strong long-term business plan in place, the time is now right for me to seek a fresh challenge, safe in the knowledge that the CML will continue to go from strength to strength over the coming years.”

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