The Executive Chairman of Propertymark, and former Ombudsman, Christopher Hamer has resigned.
The shock news comes just a few weeks after the sudden departure from ARLA Propertymark of its popular CEO, David Cox, and a few months ahead of the retirement of NAEA CEO, Mark Hayward.
A spokesperson for Propertymark said:
“We can confirm that Christopher Hamer has decided to stand down as Executive Chairman of Propertymark once a new Chief Executive has been recruited. The Chair’s role going forward will be non-executive as the new Chief Executive will take on the day to day responsibilities of running the business.
Christopher has been in the role for 4 years and in that time has overseen the move towards creating a single Propertymark organisation. The Board would like to thank Christopher for his significant contribution to the organisation and wish him well for the future.”
Hamer was appointed to the role of Executive Chairman of Propertymark in 2016.
Since then there have have been prolonged rumblings of disquiet in the organisation with a number of high-profile departures from the staff and several resignations at board level.
There has been speculation that the governance of the organisation has not been as transparent as some would like and the circumstances that led to the departure of David Cox – he was snubbed by a Board that had no ARLA members present at a vital decision-making meeting – caused widespread consternation and disbelief.
The loss in such a short period of time of two of its most senior executives – with a third to depart at the end of this year – must be seen as a very serious blow to the the Propertymark organisation which represents some 17,500 members across several constituent bodies of which ARLA and NAEA are the largest.
It begs the question of who will lead it.
There are plenty of people who think that David Cox would be an ideal choice.