The Financial Intermediary & Broker Association (FIBA) has appointed Adam Tyler to lead the new trade body.

FIBA was established in December 2017, emerging from the Association of Bridging Professionals (AOBP).

Tyler said: “I am delighted to be joining FIBA and look forward to working with the Executive Committee, its partners and members in making it the kind of successful body towards which lenders and intermediaries from all sectors of the lending market will want to gravitate.

“FIBA’s objectives emphasise the focus on individual broker membership, rather than firm membership. We have structured our options to engage with and benefit the intermediaries themselves, providing valuable resource at an affordable cost.

“In summary, FIBA’s principal aim is to be a ‘broad church’ encompassing the whole of the market and, therefore, it looks forward to constructive dialogue with all stakeholders associated with the lending sector. My wish is to take the FIBA message to intermediaries and lenders across the finance sector and for FIBA to proactively represent all parts of the lending market.”