The Bridging & Development Lenders Association (BDLA) has confirmed that Adam Tyler will become its new chief executive officer, taking up the role in early 2026.
He will replace Vic Jannels, who is stepping down at the end of the year after six years at the helm.
The announcement was made on stage at the BDLA’s Annual Conference on 12th November and marks a new chapter for the UK’s only trade body dedicated exclusively to bridging and development finance.
Tyler brings more than three decades of experience in specialist property finance. He was previously chief executive of the National Association of Commercial Finance Brokers for over 11 years and later served as executive chairman of the Financial Intermediary & Broker Association.
He was also a key figure behind the Certified Practitioner in Specialist Property Finance qualification and has held senior positions at bridging lenders.
Adam Tyler said: “Having been involved in specialist property finance for nearly 35 years and running trade associations in the sector for over 20 years, it is a real privilege to become CEO of the BDLA.
“I have seen and worked with most lenders within the bridging and development sector over that time and I am looking forward to building upon the great work that Vic has undertaken over the last six years.”
Jannels has led the association since 2019, overseeing its rebrand from the ASTL to the BDLA and a period of significant growth.
Under his leadership, the association has seen its members’ collective loan book nearly triple in size, membership expansion, and the introduction of major initiatives including the CPSP qualification and a fraud prevention programme.
Vic Jannels said: “I have really enjoyed the intense and exciting challenge of this amazing sector of the mortgage market.
“I have known Adam for many years and am certain that he will bring his considerable experience and knowledge to bear in taking the BDLA to new heights.”
The BDLA now represents close to 100 lender and associate members with a combined loan book exceeding £13bn.
The organisation continues to play a central role in representing the sector to policymakers and regulators, promoting responsible lending, and maintaining high industry standards through its Code of Conduct and education programmes.
