Preferred appoints two directors

In the wake of the recent exit of Preferred’s joint managing directors John Webster and George Patellis, the sub-prime lender made two senior promotions..

Roger Taylor, formerly head of sales, has been promoted to director of sales and marketing, and Nigel Ingram, formerly chief operating officer has been appointed director of operations, both with immediate effect.

The pair have issued a joint statement saying: “We are looking forward to building on the success that Preferred has experienced under John and Georges leadership; we wish them both all the best for the future.”

Taylor has worked in the mortgage industry for over 35 years, and was one of four founders of Preferred nearly 10 years ago.

Since then he has held several sales roles at the company and for the past two years has been head of sales. Prior to Preferred, Roger worked for Ashdown Commercial Limited for seven years and at a credit finance company on the South coast for 16 years.

Ingram joined Preferred as chief operating officer at the beginning of 2005; he has already been instrumental in shaping the companys plans for future growth.

His previous experience includes roles at Portman, KPMG Consulting, Mastercard, PA Consulting and eight years at Natwest.

Taylor says: This is an exciting time for Preferred. We have experienced huge growth over the past few years and expect to increase our competitive advantage in the coming months.

“We recently launched our new Core Range and Fixed Rates, with our most competitive criteria and rates yet, to a fantastic response from the market.

“We value our relationships with our intermediaries and will continue to provide them with added value through events such as the TCF seminars we are currently running and our annual Quality Circle feedback sessions.

“I am very proud to have been associated with Preferred since its launch and, together with Nigel, Im delighted to be leading the company into its tenth year of business.”