Ex-Mortgage Choice head joins board of loan protection company

by Julia Corderoy15 Sep 2015
The former head of major mortgage franchise Mortgage Choice has been appointed to the board of loan and mortgage protection company, ALI Group.

Michael Russell has joined the board as a non-executive director. Russell, who lead Mortgage Choice through the aftermath of the GFC, has also previously held senior executive positions at ANZ, National Mutual Royal Bank and Choice Aggregation.

“I have long believed in the value of loan protection – both for borrowers and mortgage brokers. I have also seen ALI remain loyal and dedicated to the industry and supporting brokers for over 10 years,” Russell said following his appointment.

“In the past 2 years, ALI has grown significantly as they have more strategically engaged and integrated with all the key groups. I am excited to join the Board at this time and look forward to contributing to the organisation’s growth and development over the coming years.”

ALI Group also recently announced a major partnership with national aggregator, eChoice.