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Movers and shakers

Portillion makes three appointments to its top team

Portillion, formerly known as Checkmate Mortgages, has made three additions to its senior team.

Jim Coleman (pictured) has been appointed treasury director, Will Foster has joined as financial controller and Helen Bramham has been named as oper- ations manager.

Coleman previously held senior roles at Nationwide Building Society and NatWest. Foster is a chartered certified accountant with experience at Pru- dential UK and Aegon Insurance, and Bramham was with Skipton Building Society for 10 years, mostly at subsidiary HML.
David Hill, chief financial officer at Portillion, says: “These professionals are specialists in their fields and will play a big role in the future of the business.”

Colin Snowdon leads Aldermore into the residential market
Aldermore’s new intermediary residential and buy-to-let mortgage lending arm is now open for business following the successful completion of a systems testing programme.

Aldermore is initially making its products available to a select panel of intermediaries via mortgage networks and clubs including 3mc, BDS, Legal & General, Mortgage Intelligence, Mortgages for Business, Mortgage Next, Pink Home Loans, Platinum and Personal Touch Financial Services.

Colin Snowdon, chief executive, residential mortgages at Aldermore, says: “Our plan is initially to roll out our service via a panel of brokers selected by our distribution partners so we can carefully monitor the quality of business we receive and ensure the quality of service we provide.
“But it’s then our intention to widen access to all the broker members of our distribution partners. This approach is an important part of our determination to provide excellent service levels.”

Lloyds group names Colin Walsh as mortgage managing director

Lloyds Banking Group has reshuffled its executive management team and appointed Colin Walsh (pictured) as managing director of Lloyds Banking Group Mortgages.

Walsh joined Lloyds TSB in February 2006. He previously worked at American Express, and also spent some 10 years in the home lending department of Wells Fargo in the US.

Meanwhile, Mike Kula is to take on the enlarged role of retail mortgage operations, collections and recoveries director, reporting to Walsh. Kula has been in charge of retail mortgages at the firm in recent months as interim managing director since Dan Watkins left the operation.
Finally, Ian Fielder, who has been managing the combined mortgage operations and collections and recoveries function on an interim basis, is moving to the retail risk department.

Both Nigel Stockton, sales director and Stephen Noakes, commercial director, remain in their roles and are unaffected by the changes above.

Walsh says: “I am excited to be joining the mortgage team at Lloyds group. With leadership most recently from Kula and his fellow directors, the company has done a great deal to build visible momentum in the mortgage business.

“And with this team I’m looking forward to facing fresh challenges and making this the best mortgage business in the country.”

Tim Jones becomes head of sales at xit2

Tim Jones has been appointed head of sales at online property data network xit2.

Jones, who joins the company from xit2’s parent company MDA, will report to managing director Mark Blackwell.

During his time at insurer Allied Dunbar – now part of financial services group Zurich Financial Services – Jones led the development of the mortgage intermediary panel.

After Zurich he joined First Title as director of business development and also had a spell as chief executive officer of Home Information Pack provider Hipstar.

Blackwell says: “Bringing Jones in as part of the senior team shows how serious we are about pushing the company forward. His background in the industry chimes perfectly with our services and product range. His pedigree is excellent, his experience in the sector is vast and I am looking forward to working with him.”

Grant Shapps comes out of the shadows as housing minister

Grant Shapps has been appointed as housing minister in the coalition government.

The MP for Welwyn Hatfield was shadow housing minister when the Conservatives were in opposition. When the government confirmed he would be taking on the role it meant that Sarah Teather, former shadow housing minister for the Liberal Democrats, missed out.

A spokesman for the National Landlords Association, says: “This appointment shows some consistency as Shapps held the shadow housing brief for a number of years.

“We look forward to working with him on the challenges that lie before the sector but it is disappointing that he will not be attending Cabinet meetings.”

Shapps was made shadow housing minister in 2007, replacing Michael Gove in the post as part of a reshuffle.

Platform adds two to senior management team

Platform has appointed Peter Stimson (pictured), former commercial director at Checkmate Mortgages, and John Kilgallon, former head of mortgages at Abbey, to its senior management team.

Stimson has more than 20 years’ experience in financial services, having held a variety of roles at Lehman Brothers, GMAC-RFC and Checkmate before it rebranded to Portillion.

He joins Platform as head of product management and will work alongside David Tweedy, director of Platform, and Lee Gladwell, the firm’s business development director.

He will be responsible for product and funding strategies including risk and capital management.

Stimson is getting on board at the same time as Kilgallon, who joins the senior management team as head of planning and proposition.

Kilgallon also has more than 20 years’ relevant experience and his former roles include head of mortgages at Abbey and head of change management at Barclaycard Commercial. He will be responsible for long-term development at the firm.

Tweedy says: “Our new team will provide the strategic direction needed to grow our presence and brand in the market.”

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  • Phil 7th June 2010 at 11:55 am

    Can I ask why Aldermore & Nottingham Building Society are offering its buy to let products to Mortgage Intelligence Appointed Representatives but not to directly authorised members of these networks

    This is nearly as bad as lenders duel pricing