New face, new brand: Thinktank announces third party head

by AB14 Jun 2013

Specialist commercial lender Thinktank has announced the appointment of its newest senior member and ‘refreshed brand identity’.

Thinktank CEO, Jonathan Street, says the lender is pleased to welcome Peter Vala into the newly-created role of head of sales and distribution.

“This key appointment has arrived at a transformative time for our business as we build on the back of a significant expansion in our funding lines, as well as the introduction of a number of key initiatives based around technology, product development and brand-reach.”

Vala comes to Thinktank following six years as a senior manager and executive at ANZ, where he held roles ranging from regional industry specialisation manager to his most recent position as district executive in business banking. His experience spans residential, commercial and development finance, including ‘highly specialised’ skills in strategic plan implementation.

“Peter’s very strong financial services background and proven experience working with brokers and aggregators will be invaluable as he shapes this high profile, senior position within Thinktank,” says Street.

“He will be a very visible face and presence for Thinktank in an exciting and challenging period ahead. Our executive management team very much looks forward to working with Peter and, in particular, benefiting from his industry experience and contacts in third party distribution. We are extremely confident it will prove to be a great and successful combination.”

Peter’s appointment also coincides with the launch of Thinktank’s new branding, seen for the first time at the recent MFAA 2013 National Convention.

“Following a strategic review of the business, we felt it was the right time to refresh our look and feel. We’ve grown significantly since we launched almost a decade ago and we wanted an identity that reflects our leadership position and commitment to our borrowers and finance partners.”