Home reversion provider and equity release manager Home & Capital Trust has appointed Graeme Marshall as the new chief executive.
His role came into effect on January 1.
Marshall has already been H&C’s managing director from 1998 to 2003 before resigning In October 2003 to develop Sovereign Reversions plc, the Aim-listed company which provides finance to elderly homeowners through equity release.
He remains the chief executive of Sovereign, which acquired 100 per cent control of Home & Capital Trust three months ago.
As chairman of Ship’s home reversions Board, he has been instrumental in the industry’s successful campaign for the regulation of home reversions, which will now be regulated from April 2007.