The Association of Mortgage Intermediaries has appointed former Portman head of marketing communications Richard Farr as its new director.
Farr will be responsible for the management and day-today running of the AMI. He will report directly to director general Chris Cummings and starts in his role this month.
Cummings says: “Richard is joining us at a critical time for AMI members. The burden of regulation has never been heavier and yet we see further proposals for more regulation. The mortgage intermediary community must unite around a strong, focused trade body to address the issues of adviser recruitment, increasing professional standards and protecting our industry’s reputation.”
Farr says: “I am very excited to have the opportunity to represent AMI members in the regulatory and business environment. I see my main priorities as reducing the costs of regulation, attracting new people to the industry and helping members grow more profit-able businesses.”