The Intermediary Mortgage Lenders Association (IMLA) has appointed Louisa Sedgwick, director of sales at Vida Homeloans, as its new committee chair repesenting the first woman in IMLA’s history to hold the role.
Kate Davies will continue as executive director and Jeremy Duncombe (Accord Mortgages) will become deputy chair.
The members of the management committee are elected members
Sedgwick (pictured) said: “IMLA represents the views of 40 banks, building societies and specialist lenders across the UK and I am delighted to have been elected as chair, a responsibility I do not take lightly.
“As well as working with my fellow committee members to champion the views of IMLA’s members, I’m also keen to work further with networks, clubs, packagers and of course advisers as the industry continues to evolve to meet the needs of modern borrowers.
“I will take on my new responsibilities as IMLA chair alongside my daily duties at Vida Homeloans, where I will continue to work with our intermediary partners.”
Davies added: “It is a great pleasure to be able to welcome the first female chair to IMLA’s management committee, as well as six other committee members who will support us in working with our members.
“I would also like to thank the excellent work of our former committee members and our previous chair, Phil Rickards, who has played such a central role supporting the needs of members in what is an ever-changing mortgage market.
“Having established our new management committee, we’re now moving into 2020 with an extremely experienced team to help us make sure that members’ views are heard by all the major stakeholders in our market, including brokers, policymakers and the regulator.”
Adrian Moloney (One Savings Bank), Kevin Purvey (Coventry Building Society) and Phil Rickards (BM Solutions) will also join the committee.
The association’s management committee controls the operation of the association, represents IMLA at meetings with external stakeholders and steers its activities.