The Association of Short-Term Lenders (ASTL) has announced the appointment of two new members to its executive board.

Gavin Seaholme of Shawbrook Bank and Alan Margolis of Greymax have been confirmed as new members to sit on the association’s board, following a record number of candidates and votes from ASTL members.

The ASTL also announced that Ray Cohen from Jackson Cohen has been re-elected as an associate member of the board.

Firms that join the ASTL typically work in the bridging and secured loan sectors and provide short-term loans and mortgages, often ranging between six months to a year.

The association revealed that the new members of its board took up their responsibilities on Friday last week (1 September), replacing Scott Marshall of Roma Finance and Steve Barber of Bridging Finance Solutions, who have retired from their executive duties for the association having served their maximum terms.

CEO of the ASTL, Vic Jannels, said: “I would like, on behalf of the executive and the ASTL, to say a heartfelt thanks for the magnificent contribution that Gavin and Alan have made, not the least of which being their immense support of the educational programme CPSP.

“I would also like to congratulate Gavin and Alan on their election to the board, and Ray for his re-election. We have achieved a lot with the association in the last year, but there is plenty still to do in promoting the interests of the short-term mortgage market and our customers. I know that Gavin and Alan will be valuable additions to the board and will play an important role in helping us to continue to raise the profile and the reputation of the sector.”

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