A conveyancing service provider and panel manager have recently announced the appointment of a new CEO.
Taking over from outgoing chief executive of LMS, Andy Knee, Nick Chadbourne will now be responsible for the management of the business, as well as strategic direction, sales strategy, product development and process improvement.
Having started working for LMS as managing director of TCS, the sister company in 2016, Nick went on to become the chief operating officer later that year. He joined LMS from the Sherwood Partnership, a change management consultancy he founded in 2014. Previously, he worked as managing director of insurance intermediary, Amity Finance. Earlier in his career, he was employed by lenders Halifax, Bank of Scotland and Birmingham Midshires as well as mortgage broker Freedom Finance. Having worked across a range of executive and senior management roles in financial services, Nick has built up over 15 years of valuable experience.
Commenting on his new role, Nick stated: “This is an opportune time to be stepping up to the CEO role at LMS, given our appetite to become even more of a major player in the conveyancing and remortgaging space in the future. This is a strong, growing business, with industry investment from two high property groups in the form of Connells and LSL, both of whom have a long-term partnership approach to developing services. I’ve got a great team behind me; LMS has excellent management bench strength and our six-strong senior management team has more than 100 years’ experience collectively. I look forward to continuing to provide the most comprehensive panel management service to the broadest lender base in the UK. We remain committed to helping clients enhance their productivity and service delivery while reducing cost and risk. There are pressures on LMS, as well as the industry as a whole, and while we are looking at optimisation to drive value in all areas of the business, we will also be looking to make improvements in areas such as fees assisted.”
Also commenting on the appointment was former chief executive, Andy Knee. He stated: “I’m very proud of my work at LMS and the achievements we’ve had, but it’s the right time for me to step aside and let the business continue in a new phase of its development. I’ve been working with Nick very closely for the last year and a half as I have started stepping back from the business and planning my succession – and I know he’s a highly experienced general manager with relevant specialist knowledge in process efficiency, strategic business development, and large-scale people management. With his passion for providing a world-class service to our clients, Nick’s a perfect fit to lead LMS. I look forward to watching the group go from strength to strength under his leadership.”
