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HBOS focuses on introducers

HBOS is bringing together all of its intermediary and partnership businesses into one area and reshuffling its management team across its business-to-business division.

Intermediary business from the retail and investment and insurance division will be combined to strengthen the relationship with all introducers.

Birmingham Midshires managing director Nigel Stockton is being given a wider role within the HBOS group , becoming managing director of intermediary mortgages. He will take overall responsibility for co-ordinating activity across the mortgage intermediary brands, including Halifax Intermediaries, Bank of Scotland Mortgages and The Mortgage Business, while retaining his responsibilities with BM.

Michael Bolton, managing director of BM Solutions and Halifax Intermediaries becomes head of HBOS specialist lending. Head of products and marketing Tim Hague becomes director of BM Solutions and Alan Cleary becomes director of Halifax Intermediaries.

Clerical Medical Financial Services managing director John Hiew retains responsibility for Clericals intermediary distribution but will also work with the other intermediary brands to build on distribution and will take responsibility for HBOS’s employee share service business.

To maximise the sale of general insurance through mortgage intermediaries, Peter Thompson will become managing director of partnerships, GI and retail and will work clo- sely with the other brands within the new structure.

HBOS chief executive Grenville Turner says: “Through these dedicated roles, we can continue to improve our service and strengthen relationships with our introducers.”

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