Bradford & Bingley group chief executive Steven Crawshaw has been appointed chairman of the Council of Mortgage Lenders for 2008.
Crawshaw succeeds Jon Pain, former managing director of Cheltenham and Gloucester.
Barclays managing director of home finance Mark Parsons and Bank of Ireland personal lending managing director Richard Brown have been appointed deputy chairmen.
Crawshaw has been group chief executive at Bradford & Bingley since March 2004 and has previously held positions at Cheltenham and Gloucester and Lloyds TSB.
Crawshaw says: “Looking ahead, 2008 will be an uncertain year for the mortgage industry and lenders will continue to respond to funding constraints. But it is entirely possible that the market will recover sooner than expected.
“One of the CML’s main challenges this year will be making sense of the aftermath of the 2007 events and ensuring policymakers and commentators are accurately informed on the market environment as it evolves.”