Carlos Thibaut, formerly CEO of 360Dotnet, is to become the new chair of the Society of Mortgage Professionals from the end of the year.

Thibaut, who was group managing director of Lifetime Group before his role as CEO of customer relationship management software provider 360Dotnet, first joined the board of the Society of Mortgage Professionals in 2019.

He replaces David Thomas, who is stepping down from the role after two years.

Thomas, joint managing partner of Chadney Bulgin, said: “I was honoured to be invited to take the inaugural chair of the Society of Mortgage Professionals some two years ago, during which time we have created a clear structure while steering through a pandemic.

“I’m delighted to pass the chair to Carlos, who I know will drive the Society further forward.”

Thibaut added: “Following the illustrious David Thomas as chair of the Society of Mortgage Professionals will be a considerable challenge but one that I’m looking forward to.

“We have an important role to play in supporting and promoting professionalism. Championing the benefits of seeking out professional advice must be at the heart of what we do.

“We have an extremely talented, experienced and skilled board and I am genuinely excited about the opportunities for advisers, professional advice and the Society over the coming years.”

In addition, Liz Syms, CEO of Connect Mortgages and Connect for Intermediaries, has been named as vice-chair of the Society of Mortgage Professionals.

In 2012 Syms set-up the specialist mortgage network Connect for Intermediaries. She said: “Helping advisers to increase their skills and professionalism while championing the consumer is the key aim and differentiator of the Society of Mortgage Professionals.

“I am really pleased to be part of the board and I am looking forward as the Vice-chair to supporting Carlos, to increase the profile of the good work that the Society does.”