Intermediaries managing director Mike Jones (pictured) will retire from his position at Lloyds Banking Group at the end of the year.
Jones joined the bank in 1985 and has work in numerous positions at the lender within that time, including chair of the supervisory board of Lloyds Bank GmbH.
He took over his current role back in 2010.
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Esther Dijkstra, the group’s director of strategic partnerships, will replace Jones
Jones said: “I can safely say the time has flown by and I have had great time here with a fantastic bunch of people.
“It is in the last ten years that I have felt the proudest in my career, as we have continued to support the intermediary mortgage market through thick and thin.
“Even though there is always exciting plans in the pipeline here, now is the right time for me to pass the baton and I know that things will be left in more than capable hands.
I am looking forward to enjoying a slower pace of life with my family and literally sailing off into the sunset, on our narrowboat that we launched last month!”
Dijkstra added: “I do not think there is anyone in the industry with Jones’ range and breadth of experience and he certainly leaves big shoes to fill.
“We will be sad to wave him off into retirement, but hope to continue building on his tremendous achievements as one of the industry’s great leaders.”