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.