Rob Jupp, CEO of loan distributor Brightstar Financial, is to become chairman of the Association of Bridging Professionals (AOBP) on 1 September 2013.
Jupp takes over from Jonathan Newman, Principal Partner at legal firm Brightstone Law, who served as Chairman of the Association from 2011 to 2013.
He said: “It’s an honour to be taking over the chairmanship from Jonathan after a very successful two years with him at the helm. The short-term sector has experienced exponential growth – and it’s crucial that we have a relevant trade body at its epicentre.
“I am determined to ensure that we continue to have a positive dialogue with the FCA and, where appropriate, to use disciplinary processes within our constitution to root out inappropriate practices that could tarnish the short term community.”
Newman, who will remain as a member of the Executive Committee, said: “I am so pleased that Rob has accepted the position. The members and the industry as a whole should have absolute confidence that their new chairman will carry out his office with enthusiasm and integrity.
“As new entrants with innovative business models appear, it will be one of the chairman’s responsibilities to ensure that processes continue to uphold best practice standards for the good of the members and the wider market.”