Stockton was previously managing director of HBOS Intermediaries, but he now takes control of all the intermediary mortgage brands at Lloyds Banking Group.
He joined HBOS’ corporate partnerships division in 2003 to look after Sainsbury’s and the AA. He moved across to Halifax Intermediaries a year later and was then made managing director Birmingham Midshires at the beginning of 2005.
The role was quickly expanded to include the now defunct brand The Mortgage Business, in addition to Halifax, Bank of Scotland and Intelligent Finance.
With his new role at Lloyds Banking Group he will continue to be in charge of all the HBOS mortgage intermediary brands, in addition to all of the Lloyds TSB intermediary mortgage brands.
Stockton says he’s “thrilled” about the new appointment.
He says: “I’m looking forward to providing continuity to the intermediary community and supporting them through the challenging market that we are currently experiencing.”