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HML target Irish mortgage service growth

Monday, February 03 11:52:57

UK-based mortgage servicing company, HML, has appointed David Kelly as managing director of its Irish operations as it gears up for expansion here.

Mr Kelly will be responsible for helping to develop HML's business in the Republic of Ireland, as well as working with current and potential clients.

HML, which specialises in third-party financial administration, has approximately E53 billion of managed assets and 50 major clients, including banks and building societies in the UK and Ireland.

The company, which is headquartered in Skipton in Yorkshire, has been servicing Irish lenders' loan portfolios since 2005. It also has offices in Glasgow, Derry and Dublin. Over 300 of their 1,300 employees are based in Derry and Dublin.

Mr Kelly joins HML from Cork based SouthWestern, where he was chief commercial officer. Prior to this, he was business development director and country manager at Capita in Ireland.

"We're very ambitious for our operations in Ireland and are looking to build further on some significant contract wins. HML has over 25 years of experience in the mortgage administration sector and the expertise which we have built up together with the ratings we have received from Fitch and S and P are tremendous assets to bring to the table," Mr Kelly said.

HML's chief commercial officer Nigel Turner said the appointment underlined HML's commitment to the Irish market.

"David's wealth of experience in the business process outsourcing industry is a great asset and will enable HML to make further progress in Ireland. The third-party administration sector is currently undergoing significant change, and HML has the experience and track record of delivery to support clients and their customers through this transition," Mr Turner said.