The two new appointments follow the announcement in March 2014 that Charles Haresnape, managing director for Residential Mortgages at Aldermore Bank, will serve as IMLA’s new chairman until its Annual General Meeting in November.
Tugwell joined Virgin Money in 1986, having begun his career in stores before progressing through to Area Sales Manager. He then specialised into the intermediary channel, as Southern Divisional Manager and then to Director of Intermediary Relationships. Prior to this Richard held a number of positions at Halifax and a personal loan company Avco Trust. He has served on IMLA’s management committee since 2012.
‘I am honoured to be asked to serve IMLA as deputy chairman and will strive to represent the membership and the industry fully in this capacity. The mortgage market is undoubtedly undergoing a number of fundamental changes over the next few months, and I am excited by the prospect of working alongside the executive team to usher IMLA and its members into this new chapter,’ said Tugwell.
Darwin began his career as a graduate trainee with Nationwide. Following various managerial appointments, he then joined Norwich and Peterborough as a district manager. He moved to Skipton as an area manager and held a number of regional roles before being promoted to national account manager. He has now been head of Intermediary Sales at Skipton Intermediaries for the last 10 years.
‘I am delighted to become part of the IMLA executive team in these exciting and changing times. Alongside greater optimism in the housing market and a strong uplift in mortgage growth, there are new challenges in the form of more stringent regulation and an increasing percentage of business through the broker channel,’ said Darwin.
‘I am looking forward to working with the existing IMLA management team to contribute my own knowledge and experience, to help shape and sustainable mortgage market for the long term,’ he added.