TMG restructures its board as part of growth plans

The Money Group (TMG) has restructured its board, with Martin Stewart becoming chief executive and Scott Thorpe taking the role of group managing director.

According to TMG, the board alterations have been made to help accommodate and prepare the group as it begins to implement its growth plans over the coming years.

This follows appointments of Paul Lewis as managing director of the mortgage club and Dave Corbett as recruitment and development director.

The Money Group appoints Paul Lewis as managing director of new mortgage club

Thorpe said: “Our recent appointments have enabled both Martin and myself to refocus on the overall plans for the group.

“We already have great brand directors in place who with the help of Dave are already making significant progress with their own business targets. We are also currently speaking with six new potential partners.

“On the club front, Paul has hit the ground running with the mortgage club and such has been the demand we are having to phase in lenders so that we can provide them with the service we have promised.

“So my main focus now is expanding the TMG offering. This will include our own bridging proposition and developing our own in-house conveyancing solution.”

Stewart added: “Our ambition has always been to become a significant player within financial services, we never wanted to be here to just make up the numbers.

“TMG is an exciting place to be right now and in four weeks we have already seen the quality and results that Paul and Dave are contributing to the wider group.

“My role will now be to ensure the brand has a clear vision and the ability to broaden its offering while Scott’s role will see him driving forward with his ideas and innovation and delivering on the plans we agree at board level.”