The Council of
Mortgage Lenders has appointed Steven Crawshaw, group chief executive of
Bradford & Bingley as chairman for 2008.
Crawshaw succeeds
Jon Pain, former managing director of Cheltenham & Gloucester.
managing director of home finance at Barclays and Richard Brown, managing
director of personal lending at Bank of Ireland have been appointed deputy
chairmen. Crawshaw has held his role at B&B since March 2004, and began
his career as a litigation solicitor.
Since joining the
banking sector he has held positions at Cheltenham & Gloucester, Lloyds TSB
and B&B. Crawshaw says: “While the fallout from the liquidity crisis has
been well documented, let’s not forget the strengths of the UK mortgage
marketplace.
Mortgage Lenders has appointed Steven Crawshaw, group chief executive of
Bradford & Bingley as chairman for 2008.
Crawshaw succeeds
Jon Pain, former managing director of Cheltenham & Gloucester.
managing director of home finance at Barclays and Richard Brown, managing
director of personal lending at Bank of Ireland have been appointed deputy
chairmen. Crawshaw has held his role at B&B since March 2004, and began
his career as a litigation solicitor.
Since joining the
banking sector he has held positions at Cheltenham & Gloucester, Lloyds TSB
and B&B. Crawshaw says: “While the fallout from the liquidity crisis has
been well documented, let’s not forget the strengths of the UK mortgage
marketplace.
“The UK boasts a
competitive and innovative mortgage market which currently helps over 11.8
million households.”
ahead, 2008 will be an uncertain year for the mortgage industry and lenders will
continue to respond to funding constraints. But it is entirely possible that the
market will recover sooner than expected.”
Crawshaw says one of
the CML’s main challenges for the year ahead will be making sense of the
aftermath of the 2007 events and ensuring policymakers and commentators are
accurately informed on the market environment as it evolves.
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