Trade Bodies  

New lending trade body gets first chairman

New lending trade body gets first chairman

The Financial Intermediary and Broker Association has named Adam Tyler as its first chairman.

The trade body was previously known as the Association of Bridging Professionals but has been rebranded in a bid to "reach out" and attract brokers, lenders and other service providers involved in the specialist lending sector.

Fiba will hold its inaugural annual conference on Wednesday (17 January) in London.

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Mr Tyler said: "Fiba's objectives emphasise the focus on individual broker membership, rather than firm membership. We have structured our options to engage with and benefit the intermediaries themselves, providing valuable resource at an affordable cost.

"In summary, Fiba's principal aim is to be a 'broad church' encompassing the whole of the market and, therefore, it looks forward to constructive dialogue with all stakeholders associated with the lending sector.

"My wish is to take the Fiba message to intermediaries and lenders across the finance sector and for Fiba to proactively represent all parts of the lending market."

Until 2016 Mr Tyler was the chief executive of the National Association of Commercial Financial Brokers, which he had joined 11 years previously.

damian.fantato@ft.com