Founder of PMPA retires from board

Ian Nelson has resigned from the Professional Mortgage Packagers Alliance’s board to concentrate on his retirement.

The PMPA founder’s decision follows the recent sale of his majority stake in BDS Mortgage Group to Pink Home Loans.

He says: “The market has changed dramatically and the packaging sector needs to show more professionalism than ever, so PMPA will continue to fulfil this role. I will keep a watchful eye on the market while pursuing new interests and travelling.”

Vic Jannels, chairman of PMPA, says: “I’d like to thank Ian on behalf of PMPA and the wider packaging community. We owe him a debt of gratitude for raising standards, which he has vigorously continued to promote over the years.”