Homeloans has named a new chief executive officer as the non-bank lender seeks to lock in a leadership succession plan.
Scott McWilliam will step up from his current role as chief operating officer, taking on the role of CEO starting at the beginning of January next year.
Current chief executive and executive chairman, Tim Holmes, will step back into the role of non-executive chairman of Homeloans.
McWilliam has been with the Homeloans business since 2003, with Holmes saying that he had impressed the company's directors with his leadership qualities since being appointed COO.
“He has a thorough understanding of our business and has played a vital role in developing growth strategies and promoting the brand across numerous channels," Holmes said.
"Indeed, he was a fundamental part of the Refund Home Loans acquisition.”