05 Mar, 2008
Tanya Powley - 04-Mar-2008
Kensington has appointed a new head to
replace former chief executive Alison Hutchinson who is set to
leave in April.
Director of sales Keith Street will become the new head of
Kensington says the role will have direct responsibility for sales,
marketing, new business operations, underwriting, customer
management and IT.
Other elements of the business, such as treasury, legal and
compliance, HR and finance, are being integrated within parent
company Investec to harness the joint capabilities of the two
Charles Morley will continue as head of sales at Kensington, taking
on primary responsibility for key account and other intermediary
Street says: "I'm delighted to be appointed the new Head of
Kensington. The market is going through some tough times at the
moment, but we are lucky enough to have a great team of people and
the full support of Investec. We have also taken steps to develop
products, introduce a case booking system and launch a distribution
panel to adapt to the current environment. So you can be sure that
when conditions do improve, Kensington will be right there at the
forefront of the specialist mortgage market."