The Affiliation of Brief Time period Lenders (ASTL) has appointed two new members to its government board.
ASTL chief government Vic Jannels.
Shawbrook Financial institution’s Gavin Seaholme and Greymax’s Alan Margolis have 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 obligations from right this moment 1st September.
They exchange 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 chief and the ASTL, to say a heartfelt thanks for the magnificent contribution that Gavin and Alan have made.
“I’d additionally wish to congratulate Gavin and Alan on their election to the board, and Ray for his re-election.
“We’ve achieved loads with the affiliation within the final yr, however there’s lots nonetheless to do in selling the pursuits of the short-term mortgage market and our prospects.
“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 boost the profile and the popularity of the sector.”