Equity Release Council chief Rozario abandons Ship

Andrea Rozario, the director general of the Equity Release Council, will step down from the organisation at the end of February.

The Equity Release Council was previously called Safe Home Income Plans (Ship) until it rebranded in May 2012.

Rozario’s departure follows the rebrand and restructure of the organisation, which included a reshuffle of its board.

Rozario said she was happy with her achievements at the organisation.

‘When I joined Ship over five years ago, it was a shared goal between myself and the previous chairman Laurie Edman's to broaden out membership of this long standing organisation to enable it to represent the industry as a whole and not simply providers.

‘Against the backdrop of economic turmoil, it has been a challenging but enormously gratifying process working with the board to build the new structure which led to the launch of the Equity Release Council in May 2012.’