In the role, Thompson will be responsible for “leading and driving forward Nationwide Group’s intermediary relationships”. The group consists of the Nationwide, The Mortgage Works (TMW), Virgin Money and Clydesdale Bank brands.
He will also oversee third-party partnerships across mortgages, insurance, protection and investments. This includes its relationship with Aviva, which underwrites Nationwide’s home insurance offering.
Thompson will report to Henry Jordan, Nationwide’s group director of mortgages.
He joined TMW, part of Nationwide Building Society, as commercial director of landlord at the start of 2023. Before that, he was at Aldermore Bank for around five years, initially as director of mortgages and then as group managing director of retail finance.
Thompson has also held senior roles at Saint Philip Associates, Newcastle Building Society, Principality Building Society and HBOS.
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At the same time, Ian Andrew, Nationwide’s director of intermediary relationships, will leave the organisation after 18 years.
Thompson said: “I’m delighted to be taking on this new role at what is an exciting time for the Nationwide Group. Intermediaries and our other partnerships are hugely important to our business and I’m very much looking forward to building on the already fantastic relationships we have with them and will be focusing on how we can further improve the service we offer all brokers, both now and in the future.”
Andrew added: “I feel privileged to have led the Nationwide and TMW intermediary team for the last 18 years. I’d like to thank all my colleagues at the Nationwide Group and across the intermediary community for the tremendous support they have given us over the years and to wish Damian and the team every success for the future.”
Jordan said: “I’m really pleased to have Damian take on this role. His wealth of experience across the mortgage and mutual sectors will be invaluable as we strive to further strengthen the Nationwide Group’s position in the intermediary sector.
“I also want to thank Ian Andrew for his leadership and contribution to Nationwide over the last 18 years. His tireless work to support the intermediary market has ensured that Nationwide has one of the highest performing intermediary relationships teams in the industry. I wish Ian all the best for the future.”
