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  • 08/05/2002
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Technologists Marlborough Stirling Mortgage Services (MSMS) MSMS has appointed John Auburn as h...


Marlborough Stirling Mortgage Services (MSMS)

MSMS has appointed John Auburn as head of business development. He will be responsible for expansion and development of the company client base.

His role will be supporting company growth and increasing MSMS’ reputation for tailored TPA and outsourcing solutions for the mortgage market.

Auburn joins MSMS after spending more than 14 years in business development roles with Alltell Mortgage Solutions and Homeloan Management Limited. He has more than 20 years’ experience in the mortgage industry, including various positions within the Halifax, Newbury Building Society and Mortgage Systems.

Auburn said: ‘I am looking forward to using my experience to help MSMS achieve market leadership in the mortgage outsourcing and TPA sectors. I was attracted to the position by MSMS’s first-class products, services and people.’


Wesleyan Assurance Society

Richard Sheret has been appointed as head of partnership development at the Wesleyan Assurance Society. He will be responsible for managing existing partnerships and building new partnerships in both the building society sector and other affinity markets.

Sheret will be working alongside the marketing, sales and PR teams. He comes from AXA where he worked for 12 years, the past four as business development manager working with IFA partnerships.

Craig Errington, group director of sales, said: ‘Richard has a considerable understanding of the market and his strong background in partnership development will be invaluable. His role will increase our already high standards of customer insight and cultural fit, enabling us to deliver appropriate advice and customer care.’



Ken Davy, founder and chairman of DBS, has announced he is stepping down from the business.

Davy’s departure follows the completion of the business integration process and the establishment of an expanded management team, after the acquisition of the business by Misys last year.

Ivan Martin, chief executive of the Misys financial services division, said: ‘Everyone in the sector would acknowledge that Ken is a true business pioneer. We all pay tribute to the fact that Ken’s ideas have led to the creation of a great business, which he now, quite naturally, wants to hand over.’ Davy said he has no immediate plans, but looks forward to contributing to the industry in the future.


National Guarantee

Correspondent lender and packager National Guarantee has announced that Suresh Patel has joined its intermediary sales team as senior sales consultant. His duties will include responsibility for the needs of National Guarantee’s mortgage intermediaries, and building new relationships with brokers and IFAs as the business grows.

Keith Robinson, managing director at National Guarantee, said: ‘Suresh comes highly recommended. He built a good reputation for himself at Purple 3 and we are delighted that he has come on board. We have big plans for mortgage introducers and Suresh has the right qualities to help us spearhead our assault on the mortgage introducer community.’


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Correspondent lending might still be in its infancy in the UK but the scope for growth is definitely out there