View more on these topics

New managing director at Origo

The chief executive of Origo, the Edinburgh-based financial services e-standards body, is to retire at the end of March.

Sandy Neilson has led the firm for 11 years and intends to pursue a mix of non-executive and other interests both in the financial services arena and further afield.

Neilson will be succeeded at Origo by fellow executive, Paul Pettitt, who will take overall charge as managing director on April 1. Currently Pettitt is responsible for all of Origo&#39s standards, including strategic financial and operational activities. Pettitt set up Origo&#39s standards operations in January 1998, and was elected to the Origo board of directors in November 1998.

Neilson says: “After 11 fascinating years at the helm of Origo, I felt it time to explore pastures new, both in the UK and beyond. In Paul Pettitt, I know that I will be leaving the organisation in a dynamic, highly capable and respected pair of hands.”


Kylie and Co brighten up our dreary days

From Bill AspinallCarole Colyer-Worsell (Letters to the editor, Mortgage Strategy January 13) clearly has her knickers in a twist when she protests over “titillating photos of women” in Mortgage Strategy. As a firm, we feel strongly that pictures of Mole, Paul Fox, Richard Griffiths et al dressed in their Y-fronts would put brokers off Mortgage […]

The Staffordshire pilots bill payment service

Staffordshire Building Society is piloting a new scheme which, if successful, would mean that members could arrange the supply of their telephone, gas and/or electricity services through the society and make one payment each month. The new service is to be called Staffordshire PaymentPlus and will be available to both existing members and non-members of […]

West Brom to establish a brave New World

West Bromwich Building Society is to launch an intermediary subsidiary in autumn this year under the name New World. The New World brand was acquired in March 2002 when the society acquired a residential UK mortgage portfolio from the Commonwealth Bank of Australia. The acquired portfolio sits on the books of the West Bromwich Mortgage […]

Mortgage Next launches Direct 2 Source service for sub-prime business

Independent mortgage distributor Mortgage Next has launched a new Direct 2 Source service especially for the sub-prime sector. The quantity of sub-prime lending being received through Mortgage Next&#39s specialist packaging facility has increased by 60% year on year. Direct 2 Source enables introducers to send applications direct to a panel of four sub-prime lenders, including […]


News and expert analysis straight to your inbox

Sign up