Vic Jannels to retire as CEO at the BDLA

Vic was appointed as CEO in 2019 while under the groups former name, the Association of Short-Term Lenders (ASTL).

Under Vic’s leadership, the BDLA has grown its membership to nearly 100 organisations, while the loan book size of lender members has increased from £4bn to nearly £13bn.

Commenting on his retirement announcement, Vic said: “It’s been a real privilege to serve as CEO at the BDLA and I’m extremely proud of what we’ve achieved during my tenure.

“Having spent more than 53 years in the world of mortgages, it now feels like the right time to hand over the BDLA reins to someone new who can lead the association in its next growth phase.

"I look forward to supporting the transition during the remainder of the year.”

Alan Margolis, director at Greymax and member of the BDLA executive committee, added: “Vic’s contribution to the BDLA and the wider industry cannot be overstated. His leadership, energy and integrity have helped to shape the BDLA into the authoritative and respected organisation it is today.

“On behalf of the executive committee and our members, I want to thank him for his tireless service and dedication.

“We are committed to finding a successor who can build on Vic’s legacy and continue to champion the interests of bridging and development lenders — especially in continuing the BDLA's lead across fraud prevention, education and policy representation.”