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Mortgage article 5:CML Cymru Chairman Calls for Local Authorities to Work Together; page 2

The speech was the last by Glyn Taylor for CML Cymru as he has decided to leave the Principality Building Society. The new CML Cymru Chairman will be Ian Smith of the Monmouthshire Building Society. Ian joined the Monmouthshire in 1998 as general manager of operations where he has responsibility over the lending, customer services and marketing departments. The new vice chairman of CML Cymru will be Mike Bury, managing director of Legal and General Bank Ltd.

Note to Editors

1. The Council of Mortgage Lenders' members are banks, building societies and other lenders who together undertake around 98% of all residential mortgage lending in the UK. Further background information on the CML is available from our website at
2. CML Cymru represents those lenders active in Wales. It meets regularly to discuss important housing and lending issues in Wales.
3. Ian Smith joined Bradford & Bingley Building Society in 1978, holding management positions in Wales. In 1995, he joined Leeds & Holbeck Building Society as a manager covering the Midlands, Wales and the south west. He joined Monmouthshire Building Society in 1998 as general manager of operations. Ian is a trustee of a charitable foundation and sits on the board of a housing association. 
4. Mike Bury has been managing director of Legal & General Bank Limited for two years. He lives in Cardiff, where the bank is based. Before this, Mike was Finance Director of Lloyds UDT Limited, the finance house arm of Lloyds TSB Group Plc.     End of article - back to mortgage article list



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