The Affiliation of Brief Time period Lenders (ASTL) has appointed two new members to its government board.
Shawbrook Financial institution’s Gavin Seaholme and Greymax’s Alan Margolis had been elected by members from a report variety of candidates and votes.
As well as, Ray Cohen from Jackson Cohen has been re-elected as an affiliate member.
The brand new members of the ASTL board take up their duties from at the moment 1st September.
They substitute Scott Marshall (Roma Finance) and Steve Barber (Bridging Finance Options) who retire from their government duties having served their most phrases.
ASTL chief government Vic Jannels says: “I would love, on behalf of the manager and the ASTL, to say a heartfelt thanks for the magnificent contribution that Gavin and Alan have made.
“I might additionally wish to congratulate Gavin and Alan on their election to the board, and Ray for his re-election.
“We now have achieved rather a lot with the affiliation within the final 12 months, however there may be loads nonetheless to do in selling the pursuits of the short-term mortgage market and our clients.
“I do know that Gavin and Alan shall be worthwhile additions to the board and can play an vital position in serving to us to proceed to lift the profile and the repute of the sector.”