Jim Dunn becomes chairman of CML Scotland
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Jim Dunn, general manager of the Scottish Building Society, has become chairman of the Council of Mortgage Lenders Scotland.
Dunn has succeeded Douglas Cochrane of Lloyds Banking Group and in a speech at the CML Scotland annual lunch today he endorsed the work of lenders for keeping repossessions in Scotland down.
He says: “Lower repossessions are a testament to the actions of lenders in Scotland to give all assistance they can to borrowers in financial distress.
“The last year has been a particularly busy one. Not only have there been many UK-wide issues, but there have been a number of very specific issues concerning the housing and mortgage market in Scotland, including the Homeowner and Debtor Protection (Scotland) Act 2010 and the UK Supreme Court decision in the case of The Royal Bank of Scotland plc v Wilson.
“CML Scotland represents the interests of over 20 members lending in Scotland and this year will continue to advise on issues affecting Scotland, particularly those arising from our separate legal system and the activities of the Scottish Government.”
Dunn joined the Scottish Building Society in January 1998 and has been employed in the financial services industry for more than 30 years.
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