Lloyds Banking Group’s managing director of mortgages Colin Walsh is stepping down from his post, Money Marketing reports. He also served as Chairman of the Council of Mortgage Lenders. The lender named Vim Maru to take charge of mortgages and all other product areas. Walsh will stay on with the group for the next few months to help transition to the new business model and assist in the establishment and strategy development of the intermediary business.
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