CML: Change of Chairman and Deputies
Tuesday, 9 August 2011 10:01 AM
Change of Chairman and Deputies for the CML
Martijn Van der Heijden, head of lending at HSBC, will become chairman of the Council of Mortgage Lenders on 8 August. He replaces Colin Walsh who has vacated the position due to his forthcoming departure from Lloyds Banking Group.
Martijn Van der Heijden has extensive UK financial services experience, having worked at HBOS and Santander before joining HSBC in 2007. He has an MSc in Business Economics from Rotterdam University and an MBA from Cambridge University. He has been deputy chairman of the CML since January 2009.
On taking up his appointment, Martijn commented:
"I thank Colin for his dedication to the industry. I share his aim of trying to harness the expertise of the different kinds of lenders in the UK to help to bring about an industry united in its goal to improve the mortgage market.
"Regulation - domestic and from Europe - will dominate the CML's actions for the rest of the year and well into 2012. It is of the utmost importance that the UK gets the regulation right, as this will play a huge part in ensuring our industry helps the UK economic recovery and underpins a sustainable housing finance market."
Mr Van der Heijden is supported by two new deputy chairmen - Nigel Terrington, chief executive of the Paragon Group and Stephen Noakes, commercial director for mortgages at Lloyds Banking Group.
These changes to elected officers take effect following the arrival of Paul Smee on 1 August. Paul replaced outgoing CML director general Michael Coogan.
NOTES TO EDITORS
1. The Council of Mortgage Lenders' members are banks, building societies and other lenders who together undertake around 94% of all residential mortgage lending in the UK. There are 11.3 million mortgages in the UK, with loans worth over £1.2 trillion.
2. Biographies and photographs are available from the CML press office.
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