Universal Building Society
Universal Building Society has announced the appointment of Kevin Basey as its new finance director. He will focus on financial control, management and planning, as well as strategic business development opportunities.
Basey joins Universal from AMP Bank, where he was chief finance officer responsible for finance, legal, compliance, and the start-up of the operation. Prior to this he spent 13 years at Northern Rock in a number of financial roles.
Basey commented: “Universal is a sound, well-managed organisation and I am looking forward to playing a part in its ongoing development and growth. I will be putting my experience to good use in a modern, dynamic organisation that is sure to present some interesting challenges.”
Mortgage 2000 has taken on Gemma Gannon as new business development manager. She will have specific responsibility to support ongoing demand for Encore, the firm’s new mortgage sourcing system. Gannon will join Encore’s sales and marketing team to build and maintain good relationships with the users. She joins from Countrywide Mortgage Centres where she held a similar position in broker development. She has also been a senior mortgage underwriter for The Mortgage Business.
Steve Butler, national sales manager at Mortgage 2000, commented: “By strengthening the team we hope to continue to add new features and functionality to the system so that Encore continues to be one of the most comprehensive sourcing systems in the industry.”
Legal & General
Legal & General (L&G) has appointed Graham Newitt to the role of managing director intermediary solutions. His role will be to develop L&G’s response to changes in the regulation of protection, general insurance and mortgages.
Newitt has previously spearheaded development of L&G’s network of tied advisers in both the housing and protection markets. Newitt is expected to announce the company’s plans for mortgage regulation before the end of the year.