Cummings to juggle two industry roles

Chris Cummings is keeping his responsibilities as director of the Association of Mortgage Intermediaries alongside his new role as deputy director-general at the Association of IFAs.

Cummings’ appointment was announced last Friday as AIFA revealed that David Severn will become director-general of the trade body from February 1, replacing Paul Smee who leaves at the end of the year.

Severn is currently head of retail investment policy at the Financial Services Authority.

AIFA director of policy Fay Goddard, who has been working alongside Smee since AIFA’s inception, will be acting director-general until February 1 and will have her remit extended to include mortgage advice.

Cummings, who has worked at AMI for just over a year, says: “I will still be director at AMI and have the same responsibilities, but it is a case of what title fits best. My role at the AIFA will widen my role at AMI. I will be representing the organisation and will be helping it to grow.

“At the moment we are looking into taking on someone new. It won’t be at director level, but someone who will help strengthen the AMI team. However we haven’t agreed a strategy yet.”

Goddard says: “Mine and Chris’s roles will be more focussed on the IFA side and intermediaries. We will be offering advice on new mortgage legislation, regulation and membership development.”