Kensington Mortgages has appointed Jayne Almond as its new chair.
Almond, who will succeed Tim Breedon, has worked for a many years in financial services. She founded specialist mortgage lender Stonehaven in 2005 and held the role of chief executive and chairman for nine years.
She has also worked for Lloyds TSB, where she was managing director for European Internet Banking, and was director of business development for Barclays UK retail bank.
Kensington is part of The Northview Group. Breedon says: “The specialist mortgage market is booming due to profound socio-demographic shifts; in particular, the rise of the self-employed and multiple income workers and an increase in demand for mortgages for over 55 year olds.
“[This] appointment signals our desire to grow rapidly to meet this demand.”