Stockton has role expanded

Nigel Stockton’s role as managing director of HBOS Intermediary Mortgages has been expanded to encompass all of HBOS’s broker business, including valuation business Colleys.

At the same time that Stockton takes on his new role, Phillip Grant will become chief operating office of HBOS’ corporate division.

Jo Dawson, chief executive of retail distribution, insurance and investment for HBOS, says: “Appointing Stockton provides continuity within our intermediary distribution channel and this is important for brokers and HBOS alike.

“Strong relationships are pivotal to our intermediary business and Stockton is extremely well positioned to lead this channel to continued success.”