Barbara Iversen, group finance director at Hitachi Capital, the mortgage payment protection insurance underwriter, is to leave the group, having decided to relocate to the North of England for family reasons.
Iversen will remain with the company until a suitable replacement has been appointed and to ensure a smooth handover.
The process to identify an appropriate candidate is now underway.
David Anthony, chief executive, says: “Iversen joined the group in January 2002 and during the last four and a half years has made a significant contribution to the business. I would like to take this opportunity to thank Iversen for her hard work and commitment. Both on a personal basis and on behalf of the group, I wish her every success in the future.”