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Guy Batchelor to leave Countrywide this month

Countrywide managing director of corporate business Guy Batchelor is set to leave the group, Mortgage Strategy understands.

It is thought Batchelor, who has been at Countrywide for more than six years, will leave at the end of the month, with the corporate business team reporting to financial services director Nigel Stockton from then.

Yesterday, Countrywide announced Lloyds director of strategic partnerships Peter Curran would join the group in June. Sources say Curran’s arrival and Batchelor’s departure are not related and that Batchelor wants to get back into mortgage lending.

Batchelor joined Countrywide in October 2008. Between 2006 and 2008 he was senior vice president of Lehman Brothers’ European mortgage division and, in the nine years before, he was sales and marketing director of Platform.

He was director and then chairman of the Intermediary Mortgage Lenders Association and a member of the executive committee of the Council of Mortgage Lenders from 2003 to 2008.

Update (3.39pm):

Countrywide confirmed Batchelor’s departure.

Chief executive Alison Platt says: ”After more than six years at Countrywide and having played an integral part in establishing and developing our corporate business function, Guy Batchelor now wishes to explore new opportunities outside of the group and will be leaving on 30 April.

“After reorganising the company’s B2B sales and marketing activities, Guy and his team have won and retained many new service contracts at tender. Over the last six years, Guy has initiated and grown many new substantial corporate relationships for the company. Guy will be missed by the business and we wish him well in his future career.”



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