The financial trade body UK Finance has appointed Miguel Sard (pictured above) as the new chair of its mortgages product and service board.
Miguel will replace Peter Hill, CEO at Leeds Building Society, who chaired the Council of Mortgage Lenders board for two years, including during its merger with five other trade associations to form UK Finance.
Miguel is the managing director of mortgages at Santander and is responsible for the bank’s entire UK mortgage proposition, which includes product development, distribution and the customer experience.
Prior to his current role, he served as managing director of Santander for Intermediaries and CEO of Santander Insurance Services in the UK.
“Our mortgages product and service board has a packed agenda for this year, including the government’s housing strategy and the response to the FCA market study,” said Stephen Jones, CEO at UK Finance.
“We are fortunate to have an industry figure as influential as Miguel at its helm.
“Miguel brings a wealth of experience to this role that will be crucial in helping us deliver for our members and their customers.
“I am grateful to Peter Hill – who Miguel succeeds – for his invaluable role in ensuring the mortgages agenda is at the heart of UK Finance’s activities.
“Peter will continue to serve as a board director of UK Finance.”
Miguel added: “The UK Finance mortgages product and service board plays a key role for the industry.
“I am delighted to have been appointed as chair and look forward to working to support, define and deliver positive results for customers across the UK.”
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