Stockton takes reins of all HBOS broker business

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

The move follows intermediary distribution and specialist banking managing director Phillip Grant’s promotion to the role of chief operating officer of HBOS’ corporate division.

Jo Dawson, chief executive of retail distribution, insurance and investment at HBOS, says: “Appointing Stockton provides continuity in our intermediary distribution channel and is important for brokers and the group.

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