Ed Payne to join SPPL

Lehman Brothers Mortgage Capital Businesses has appointed Ed Payne as head of sales at Southern Pacific Personal Loans.

Payne was formerly head of corporate accounts at Halifax, and will run the SPPL sales force from August, reporting to Guy Batchelor, executive director of sales and marketing.

Batchelor, says: “The secured loans market is an important part of our multi-brand strategy and I am pleased to be adding to the SPPL team with Ed’s appointment.

“He has invaluable experience in the lending arena and will strengthen our proposition as we continue to develop innovative and competitive products alongside the highest levels of service and commitment to packagers.”