Chafer quits the industry

Stroud & Swindon commercial director Paul Chafer, 38, has quit the society to take a chief executive position outside the mortgage industry.

Midlands-based Chafer, the youngest ever director of a society, was having to make a three-hour round trip to S&S’ head office in Swindon each day and it was the commute that finally got to him.

Full details of Chafer’s new role are due this week. Rob Clifford, managing director of mortgageforce, says: “Paul is one of the most dynamic and focussed guys in our market and it’s a shame that he’s not going to be so closely involved any more.”