NACFB appoints chairman

Hellawell has been finance director of the association for the last three years and was deputy chairman during 2008. Following an election of directors at its AGM at the Celtic Manor Resort back in November, he was appointed as chairman at the first board meeting of the New Year.

Adam Tyler, chief executive of the NACFB, said: "The NACFB is facing its most challenging year ever as the impact from the initial credit crunch, and now the impending recession, has hit commercial finance brokers hard. It has never been so important for the association to have a strong board to help and guide its members during this very difficult period."