The Intermediary Mortgage Lenders Association has re-elected its board and made Kevin Purvey its new chairman.
Purvey, who is head of intermediaries at Coventry Building Society, takes over from Aldermore managing director of mortgages Charles Haresnape on 1 December.
BM Solutions head Phil Rickards takes over from Purvey as deputy chairman.
Haresnape, Precise Mortgages managing director Alan Cleary and Paragon Mortgages managing director John Heron have been re-elected as directors.
Purvey says: “I look forward to taking over the reins as Imla chairman and continuing the great work Charles has led and the major progress achieved during his tenure.
“Imla’s membership has grown significantly through what has been a busy and eventful period of change in the mortgage market. It gives us a strong platform to build from in the future, at a time when the intermediary sector is increasingly vital to the overall health of the industry.
“Imla offers a unique and inclusive forum for lenders who specialise in this area. It will continue to champion member-driven issues as well as strengthening its relationships with regulators, policymakers and industry, both to inform the market’s future direction and help improve working practices.”