Former GMAC-RFC account manager Izard joined the organisation in November 2012 and oversaw the lender’s direct and intermediary mortgage divisions.
Sarah Howe, chief marketing officer at Saffron Building Society, said Izard would leave the organisation to pursue other opportunities.
“I can confirm that Peter Izard is leaving the Saffron to pursue other career opportunities elsewhere,” she said.
“Peter has played an important role in helping to establish the Saffron Building Society in the intermediary mortgage market and I would like to thank him for his significant contribution and wish him every success for the future.”
Izard’s last day at the mutual has not yet been agreed and Saffron said it would provide further details about his replacement in due course.