John Coffield (pictured right), head of mortgages at Paradigm Mortgage Services, will be stepping down from his position and retiring at the end of August.
Coffield has been in the role since the business launched in September 2007 and Paradigm said he had been fundamental to its success, growth, and development over the past 14 years, particularly with regard to the lender and provider engagement work he carries out.
Since launch Paradigm has grown to a membership base of 1,612 firms and over 80 lender partners. Prior to joining Paradigm, Coffield led The Mortgage Alliance (TMA) and has worked with intermediaries since leaving university in the early 1980s, with roles at both Friends Provident and Scottish Mutual.
Coffield said: “My time at Paradigm has been the most fulfilling of my career, from both a business and personal perspective. To have been part of a new company and to help it grow through, what has been, some very challenging times has been incredibly rewarding.
“I’ve been privileged to work with some great people who have helped me to grow professionally and who have also been great fun to work with.
“On a personal level, Paradigm, and in particular, Bob Hunt, stood firmly with me and my family while I underwent over 12 months of treatment for cancer, and I will always be grateful for that support.
“I would also like to thank all the lenders and Paradigm members I have interacted with over the years, who have supported us and believed in our proposition. There have been some great times and I’m fortunate to have worked in such a great industry.
“Although in some respects I am sad to be leaving, I know the business will continue to thrive and grow in the coming years. The time is right for me now to spend more time with my wife, children and grandchildren – whether they want me to or not.”
Bob Hunt (pictured left), CEO of Paradigm Mortgage Services, added: “It has been an absolute privilege, not to forget great fun, to work with John for so many years. He’s not just a great and well-respected colleague, he’s a friend, and I’m certain I’ll not be the only one who will miss him.
“John’s experience and knowledge, since the formation of Paradigm nearly 14 years ago, has been a vital part of the success we have built here together, and we will miss his sharp wit and wisdom. Obviously, we wish him and his wife Mary a long, enjoyable, healthy and active retirement.”
Paradigm said it is on course to announce a replacement before Coffield leaves at the end of the summer.