Key exec to push non-bank agenda

by Mackenzie McCarty20 Jun 2012

Homeloans has named a replacement chief financial officer after the departure of Cameron Matthews.

The new chief financial officer, Ian Parkes, has been charged with assisting Homeloans meet its strategic agenda, as well as maintaining strong financial control of the non-bank business.

Parkes was previously head of private bank finance at Westpac Group's BT Financial Group, and has notched up 15 years worth of senior finance experience including 10 years with St. George Bank.

A Homeloans Ltd spokesperson said that Cameron Matthews had resigned from the business only recently, and that the departure was amicable for both parties.

Following the recently announced acquisition of the Refund Home Loans franchise, Homeloans executive chairman Tim Holmes said Parkes would contribute to ensuring its success.

“Ian has a wealth of experience in leading teams through major change activities, including mergers and acquisitions and major finance and product system integrations,” Holmes said.

The business also expects to leverage Parkes' knowledge and experience in analysis, consolidation and reporting of both banking and wealth products, as well as financial controlling.

Parkes said in a statement he was looking forward to contributing to the businesses strategy.

“These are obviously challenging times for home lenders, but it’s vital to focus on keeping your operations as efficient as possible whilst remaining aware of any opportunities that might arise."

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