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Change of chairman and deputies at CML

Van der Heijden has extensive UK financial services experience, having worked at HBOS and Santander before joining HSBC in 2007. He has an MSc in Business Economics from Rotterdam University and an MBA from Cambridge University. He has been deputy chairman of the CML since January 2009.

On taking up his appointment, Van der Heijden said: "I thank Colin for his dedication to the industry. I share his aim of trying to harness the expertise of the different kinds of lenders in the UK to help to bring about an industry united in its goal to improve the mortgage market.

"Regulation – domestic and from Europe – will dominate the CML’s actions for the rest of the year and well into 2012. It is of the utmost importance that the UK gets the regulation right, as this will play a huge part in ensuring our industry helps the UK economic recovery and underpins a sustainable housing finance market."

Van der Heijden is supported by two new deputy chairmen – Nigel Terrington, chief executive of the Paragon Group and Stephen Noakes, commercial director for mortgages at Lloyds Banking Group.

These changes to elected officers take effect following the arrival of Paul Smee on 1 August. He replaced outgoing CML director general Michael Coogan.

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