HML has appointed UKAR’s commercial director, Andy Wiggans, as interim chief commercial officer following Ian Cornelius’ move to HML’s parent, Skipton Building Society.

Wiggans, who has over 20 years of experience in financial services with brands such as Halifax and Bradford and Bingley, will assume responsibility for HML’s sales, marketing and client relations teams as the organisation pursues growth.

Wiggans was commercial director at UKAR, the state-backed institution charged with running down £80 billion of assets originating from the nationalised parts of Bradford & Bingley and Northern Rock.

He said: “HML is a market-leading business with the potential to grow in core and new markets and my experience of generating value from assets at UKAR should enhance our services for new and existing clients.

“I’ll be working hard to convey the benefits of partnering with an outsourcer that has the expertise, experience and scale to add value to businesses.”

Andrew Jones, HML’s chief executive, added: “I’m pleased to have someone of Andy’s calibre in the market on board. He brings proven commercial focus to our client and prospect disciplines and his value-led approach will resonate with our business partners.”