Tonic Money manager Michael Wormack to support and represent members.

The National Pawnbrokers Association (NPA) is forging ahead with its Member Ambassador scheme, welcoming Tonic Money valuations and business manager Michael Wormack as its London-based co-ordinator.

The initiative is designed to promote the expertise and professionalism of the pawnbroking industry through regional representatives, who can more accurately gauge the requirements of consumers in their areas.


NPA Member Ambassadors are expected to play an active role in the community, engaging with local MPs, councillors and other relevant elected representatives when appropriate.

Michael Wormack will act at the NPA’s Member Ambassador across London, using his expertise as valuations and business manager at Tonic Money, which offers loans between £500 and £1 million, to his advantage.

NPA Chief Executive Ray Perry explains: “The NPA will be providing full support and guidance to the Member Ambassadors, helping them reach out to their local community. It is important to us that our members are fully involved in our organisation and have an active role.

“Our Ambassadors will work on the ground to promote the morals and values of the NPA. They truly understand how the industry works and are therefore able to share their experiences and knowledge with others, while acting for the NPA. Michael’s experience and expertise will help to champion the ethical practices and professionalism of the sector to local and national decision makers.”

On his new role, Wormack commented: “This initiative will highlight the good work being carried out within our industry, encouraging a more positive public image. I hope the experience I bring to this position will help promote the importance of our ethical and responsible practices.”