Homeloan Management Limited has appointed Mark Smith as its new managing director who says he will be targeting new business from his competitors.
He will report to newly appointed chairman Steve Haggerty, who has been appointed chairman following his promotion to Skipton Building Society group commercial director.
Smith was recently chief operating officer for Barclays retail banking division, prior to which he was Lloyds TSB retail director.
He will commence his duties on September 4 and will spend time at each of HMLs four sites during his first two months with the company.
Smith says: HML has enjoyed an impressive track record under Steve Haggerty and Im honoured to have been invited to take over from him. I am determined to continue the strong positive growth trend of recent years and have my sights set on the goal of supporting 100bn of assets under management in the medium term.
In this regard, key aims include working closely with our existing partners to further develop our and, as a result their, reputation for service excellence; targeting new business from other major lenders in the UK, Ireland and maybe other countries; and ensuring that we continue to be recognised as an employer of choice in communities in which we operate.