Kensington Group chief executive John Maltby is to take over from Paragon Mortgages managing director John Heron as chairman of the Intermediary Mortgages Lenders' Association.
Maltby will take over from Heron on January 1, 2004. The new management committee will comprise Allied Irish Bank head of home mortgages Iain Crump and Heron and Mortgage Express managing director Tim Dawson.
Maltby says: “I am del-ighted to be taking over the chairmanship of Imla at an exciting and challenging time in the industry, with a whole variety of different issues facing us such as regulation and how lenders and intermediaries should respond to it.”
Heron says: “We have worked hard to help deliver a credible trade body for intermediaries which I believe we now have in the Association of Mortgage Intermediaries. Imla is today a stronger organisation than it has ever been and I am delighted that John Maltby has stepped forward to lead Imla into 2004.”