The Bridging & Development Lenders Association (BDLA) has opened nominations for members wishing to stand for election to its board of directors.

Two lender member and one associate member positions on the BDLA board will become vacant, commencing on 1 April, following the agreed amendments to the membership rules.

Two lender representatives, Scott Marshall and Gavin Seaholme, and one associate representative, Ray Cohen, will complete their respective terms and step down from the board at the end of the month.

Cohen will continue in his role as the appointed regulatory and compliance adviser to the board.

Under the association’s rules, lender member firms may only nominate and vote within the lender representative sector, while associate member firms may only nominate and vote within the associate representative sector.

Each member firm is entitled to nominate themselves, or another individual from their firm, to serve on the board. Nominated individuals should be senior executives within member firms and must be willing to commit the time to help guide the future direction of the BDLA and support its continued growth.

Nominations must be submitted no later than 13 March.

Chief executive officer at the BDLA, Adam Tyler, said: "The BDLA is built on the active involvement of its members and the strength of its collective voice. Serving on the board provides a unique opportunity to help shape the strategic direction of, not just our association, but also the bridging and development finance industry as a whole.

"We are incredibly grateful to Scott, Gavin and Ray for their dedication and contribution during their terms. As we look ahead, we encourage senior leaders from across our lender and associate membership to consider putting themselves forward. Strong representation from across our membership ensures we continue to advocate effectively, uphold high standards and support sustainable growth across the sector."

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