Barry Meeks has 35 years’ experience in the industry, including as the chief executive of a UK bank. He has been in various board director roles, both as an executive and non-executive, since 1991. Meeks currently sits on the boards of four companies within the financial services sector.
“I am thrilled to be joining the Legal & General Home Finance Board,” said Meeks. “Legal & General has been a transformative force in the lifetime mortgage market and has played a leading role making accessing property wealth more attractive and accessible to customers.
“This is a growing market with a bright future, and I look forward to working closely with the board as they continue to bring lifetime mortgages into the mainstream,” he added.
Steve Haggerty (pictured) joins the L&G Home Finance board with more than 40 years’ experience specialising in mortgages as an originator, servicer, and more recently in portfolio trading.
Prior to joining L&G, Haggerty held senior positions at Skipton Building Society and as a non-executive director at Melton Mowbray Building Society. He currently holds non-exec roles at Belmont Green Finance and Target Servicing, and will be leaving his position at Target Servicing to join L&G.
Growing sector
Haggerty commented: “It is an incredibly exciting time for retirement lending, with lifetime mortgages now the fastest growing sector in the mortgage market, and Legal & General Home Finance is clearly a dynamic force in this sector having developed from industry newcomer to market-leaders. I look forward to working with Steve and the board to support the company’s future development.”
Steve Ellis, managing director at Legal & General Home Finance, said: “We are extremely pleased to have both Barry and Steve joining the Legal & General Home Finance Board. Their combined experience and knowledge, alongside that of Stephen Smith, will provide valuable insight and judgement to support the continued growth of Legal & General Home Finance and the wider lifetime mortgage market.”
“The perspective of highly qualified non-executive directors is something we value highly at Legal & General Home Finance, and I look forward to working closely with the members to strengthen our market-leading position,” Ellis added.
