Pallett will lead The Nottingham’s intermediary sales team as it pursues a new growth strategy focused on the needs of homeowners at a time of rapid change in the mortgage market.
Pallett said: “I was struck by the commitment of The Nottingham to growing its mortgage business and the opportunity that exists in these turbulent times to make mutuality matter. The business is passionate about supporting homeowners, and I share that same passion. I am delighted to be joining the business and excited by the opportunity here.”
John Eastgate, chief lending officer at Nottingham Building Society, said: “Bringing Alison into the business is a huge coup for The Nottingham. Not only is she widely respected across industry, but as we pivot towards a strategy built on mortgage lending, she brings a level of capability that can deliver enormous value to the society. I’m delighted to welcome her to the team.”
Alison’s appointment marks the latest in a series of additions to The Nottingham since CEO Sue Hayes joined in January. This includes the recent appointment of Paul Howley as its first ever chief technology and transformation officer. The society has also recently launched a new strategic blueprint for future growth.
On her exit from the later life lender Livemore Capital, she said: “It’s been an amazing journey. From zero to where we are now. But nothing stands still. I’m lucky to be spending a few days away before my next adventure starts.”
After three and half years at later life lender Livemore Capital, Pallett starts her mutual role on Monday 28 November.
Based in Bristol, her CV includes over 10 years at Bank of Ireland, rising to director of UK mortgage sales after three years as managing director of consumer lending with the same provider. Pallett has also previously represented the interests of the sector as a director of IMLA.
David Finlay confirmed a working partnership with Livemore Capital as an executive consultant and member of the senior executive team two days ago.
He has been brought in on a six-month contract to help drive LiveMore’s growth plans while the lender expands its product range.
He will work closely with Phil Quinn, head of intermediary sales as the team is set to grow. And he will also work with the executive team on wider market strategy.
Finlay was previously managing director of intermediary channel at Barclays and distribution director at Northview Group, which includes Kensington Mortgages.
He has spent the past five years as a consultant working for a number of specialist lenders and distributors.
