Adam Tyler, chief executive of the National Association of Commercial Finance Brokers (NACFB), has announced his intention to step down after 11 years.
He will leave the NACFB at the end of the year.
Tyler joined the trade body in 2005. The London-based Association now has 14 staff representing a membership of 1,600 across all the commercial finance disciplines, supported by over 140 industry Patrons
The NACFB said that it now enters the next phase of FCA activity away from admissions and into supervision and oversight of its members, Tyler and the board feel new leadership is needed to drive the Association forward to the next stage of its growth.
Paul Goodman, NACFB association chairman, said: “The NACFB and I wish Adam well for his future endeavours and I am looking forward to working with Adrian Coles, my vice chairman, and the rest of the board during this next chapter of the Association’s history.”