Mortgage Advice Bureau appoints new Compliance Director

Mortgage Advice Bureau has appointed Stewart Baker as its new Compliance Director.

Related topics:  Mortgages
Amy Loddington
5th June 2013
Mortgages
Following the addition of Key Account Director Simon Hendy in February, Stewart is MAB’s second senior appointment of 2013 and brings with him over two decades of experience in strategic compliance roles.
 
Stewart joins MAB from Personal Touch Financial Services (PTFS), where he was head of compliance for two years.  Prior to this he worked for sixteen years as head of compliance for national adviser network Sesame and for a further seven years as a compliance manager in the insurance industry.
 
He will take over the reins from Helen Duffy, who retires this month. MAB has doubled in size to over 500 advisers in the last two years and so Stewart will take responsibility for ensuring its high quality standards are maintained as the business continues to grow.
 
MAB Chief Executive Peter Brodnicki commented:

“We are delighted to welcome Stewart as our new Compliance Director and I am confident he will prove to be a real asset to the business. His track record is outstanding and it is a real coup for us to add him to our senior management team.”
 
“Quality is absolutely crucial as the market returns to growth, both to lenders and the Financial Conduct Authority (FCA). It has always been a cornerstone of our business and Helen has made an outstanding contribution to build our reputation in this area.  We will continue to call on her expertise as a consultant while she enjoys a well-deserved retirement.”
 
Stewart Baker commented:

“I am excited to be part of MAB’s highly regarded management team.  Its progress as a business has been impressive, and I look forward to continuing to grow its reputation for valuing quality alongside innovation and service.”
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