One of Penn’s first tasks will be to prepare for the Mortgage Market Review, which comes into effect on the 26th April.
Dave Chessell, chief commercial officer at Intelliflo, said: “It’s fantastic to have John on board.
“2014 promises yet more changes to the mortgage landscape, but with the experience and knowledge that John brings to the team we are confident that we can effectively meet these challenges and the needs of our clients.”
With 30 years of experience in financial services, Penn made his name as Amber Home Loans’ national key account manager.
Penn also represented Amber at the IMLA executive committee.