Legal & General Home Finance has added two non-executive directors to the board in Barry Meeks and Steve Haggerty.
They have joined Stephen Smith, director of Legal & General Housing Partnerships, on the board of L&G Home Finance.
Meeks (pictured, left) has 35 years’ experience and was formerly chief executive of Pink Home Loans Group as well as subsidiary managing director for Skipton Building Society.
Haggerty (pictured, right) has also held senior positions at Skipton Building Society in a 40-year financial services career.
He has held a number of non-executive directorships, including Melton Mowbray Building Society and currently Belmont Green Finance, while he has left his role as non-executive director role at Target Servicing to take the L&G role.
Steve Ellis, managing director of Legal & General Home Finance, said: “We are extremely pleased to have both Barry and Steve joining the Legal & General Home Finance Board.
“Their combined experience and knowledge, alongside that of Stephen Smith, will provide valuable insight and judgement to support the continued growth of Legal & General Home Finance and the wider lifetime mortgage market.
“The perspective of highly qualified non-executive directors is something we value highly at Legal & General Home Finance, and I look forward to working closely with the members to strengthen our market-leading position.”
Meeks said: “I am thrilled to be joining the Legal & General Home Finance Board. Legal & General has been a transformative force in the lifetime mortgage market and has played a leading role making accessing property wealth more attractive and accessible to customers.
“This is a growing market with a bright future, and I look forward to working closely with the Board as they continue to bring lifetime mortgages into the mainstream.”
And Haggerty said: “I am delighted to have been appointed to the Legal & General Home Finance Board. It is an incredibly exciting time for retirement lending, with lifetime mortgages now the fastest growing sector in the mortgage market, and Legal & General Home Finance is clearly a dynamic force in this sector having developed from industry newcomer to market-leaders.
“I look forward to working with Steve and the board to support the company’s future development.”
Both are Chartered Directors and Fellows of the Institute of Directors.