Former Virgin Money director of banking Ian Cornelius (pictured) has joined HML as its new director of savings and unsecured lending.
The firm currently provides outsourced mortgage administration to over 30 UK and Irish financial institutions and has around £40bn assets under management but it is looking to launch into savings and unsecured lending administration.
Cornelius, who has also worked for both Bradford & Bingley and Capital one, will be responsible for developing the business in these areas.
HML chief commercial and financial officer Neil Warman says: “Expanding into these new markets is central to HML’s strategy. We recognise we need to invest in our capability in order to succeed and I am delighted to welcome Ian to the team.”
Cornelius says: “As an established outsourced service provider, the firm can demonstrate the credibility and stability to launch into these new markets with confidence.”