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19 April 2024

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17/10/2007 - GE Money Restructures Distribution

The move follows the announcement of Duncan Berrys revised role as the director responsible for both first and second charge mortgages.

A new sales director is to be appointed to look after business arriving from credit brokers while Judith White, formerly national sales manager at GE Money will assume the role of proposition director, working across both the packaged and direct channels.

Mark Snape has been appointed to sales director of the packager channel with responsibility for driving relationships with key accounts and establishing new relationships.

Anthony Radford remains sales director of the channel dealing with mortgage clubs and networks.

Speaking on the restructure, Duncan Berry, director of mortgage sales at the lender, said the current market conditions have made it essential that firms understand who their senior contacts are within the lender.

He added: At a time when intermediaries are worried about their future, the lender relationship is critical, so it is important to have a senior team who can bring their market and customer knowledge and expertise to their respective roles.

These structural changes and appointments will ensure that GE continues to be a market-leading provider, despite the current uncertainty.