He will report to Steve Haggerty, who has been appointed Chairman following his promotion to Group Commercial Director, Skipton Building Society.
Mark Smith has many years of experience of the financial services industry. Most recently, he was Chief Operating Officer for the Retail Banking Division of Barclays, prior to which he was Retail Director at Lloyds TSB.
Steve Haggerty commented: “I am delighted that Mark has agreed to join HML as our new Managing Director. He brings with him a wealth of invaluable experience, strong leadership skills, and the vision we need to continue the growth and success of HML. I look forward to welcoming him at HML next month and to working with him to continue to build on the things we have started.”
Mark Smith said: “HML has enjoyed an impressive track record under Steve Haggerty and I’m honoured to have been invited to take over from him. I am determined to continue the strong positive growth trend of recent years and have my sights set on the goal of supporting £100 billion of assets under management in the medium term. In this regard, key aims include: working closely with our existing partners to further develop our and, as a result their, reputation for service excellence; targeting new business from other major lenders in the UK, Ireland and maybe other countries; and ensuring that we continue to be recognised as an employer of choice in communities in which we operate.”