Loan Market targets SA, NT growth

by Adam Smith18 Apr 2012

Loan Market has tapped a former ING Direct and NAB figure as its state manager for South Australia and the Northern Territory.

The broker has appointed Stephen Pettitt as SA/NT state manager. Pettitt previously served as SA/NT state manager for ING Direct. Loan Market national director of sales Mark De Martino said Pettitt had extensive industry experience.

"Stephen started his career 25 years ago with National Australia Bank and has ascended through the ranks to achieve various leadership roles. In addition to his recent roles with ING Direct, he also ran their West Australian and Victorian businesses for a period, further enhancing his team leadership skills across state borders," De Martino said.

De Martino said Pettitt's appointment was part of the company's strategy to target growth in SA and NT. Pettitt said he would aid this strategy by raising brand awareness, as well as rolling out a new referral scheme which he said had seen success in other states.

"I’m looking to put the brand at the forefront of the industry in both SA and the NT and continue as a dedicated business partner to our broker network," Pettitt said.

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