Key moves in the finance world

by Antony Field21 Jun 2021

Catch up on the latest appointments in the finance industry and meet six people who have moved to new senior positions in a range of companies,

Anita Hyde

Head of specialised and private, commercial broker, NAB

Big four bank NAB has expanded its commercial broker team with the appointment of Anita Hyde to the newly established role of head of specialised and private.

Hyde joined NAB in 2018 as managing partner in its health specialist finance team after serving in senior positions at St. George Bank, Genworth and Bankwest. She will lead a team that assists brokers in accessing NAB specialists across a broad range of segments.

“What we’ve identified is a really unique service proposition with our specialised businesses that entails the commercial real estate, health, professional services, government education community, and private,” Hyde says. “All of those segments have a niche value proposition in the market which requires expertise from our bankers and credit managers.”

Hyde says her deep understanding of these specialised industries and her ability to speak the language to brokers will help her ensure NAB continues to support the broker segment. NAB has more than 650 specialist bankers supporting brokers and customers in 160 metro and regional locations.

“We can support our brokers by ensuring that they are making relationships with bankers to get the best outcome for their customers,” says Hyde.

Mark Joiner

Chairman, PEXA

Highly respected finance industry leader Mark Joiner has been appointed independent non-executive chairman of the world’s first digital property exchange platform, PEXA. Joiner replaced Alan Cameron, who stepped down after 11 years on the PEXA board.

He has more than more than 30 years of experience in the finance industry, including senior executive roles in Australia, the UK and the US at NAB, Citigroup and the Boston Consulting Group. Joiner is also non-executive director of the newly ASX-listed Latitude Financial Services and chairman of QBE Australia and New Zealand.

“It is an honour to be appointed chairman of PEXA at a pivotal time for the company’s growth trajectory,” says Joiner.

“I am excited by the opportunities that lie ahead as the world moves to digital property settlements, and look forward to working with the board, the executive team, regulators, PEXA members and the community to continue enhancing the PEXA platform to deliver faster, safer, more efficient and more transparent digital property settlements for users.”

With Joiner at the helm, PEXA is seeking to take its expertise and experience in Australia into new markets, including jurisdictions with Torrens title property systems that largely rely on paper-based settlement processing, starting with the UK next calendar year.

The PEXA platform has completed more than 7.8 million transactions and now handles over 80% of all property transactions in Australia; it is used by state land titles offices, 9,300 practitioner firms, such as lawyers and conveyancers, and 150 financial institutions.

Brook Holland

BDM, ME Bank

Brook Holland recently joined ME as a BDM supporting brokers across NSW.

With six years’ experience working alongside brokers, Holland says she is passionate about providing the best possible customer experience and looks forward to working with brokers at ME to help their clients get ahead.

After graduating from Bond University, Holland kick-started her career at the Bank of Queensland Group shortly after the inception of Virgin Money Australia. She was appointed as Virgin Money’s broker support officer to assist in processing home loans in Queensland.

After a year, Holland was promoted to business development associate at Virgin Money, relocating to Sydney’s head office to support BDMs across the state. She then built on her experience as relationship manager, managing her own portfolio of brokers, before moving to ME in May.

“I enjoyed my tenure with Virgin Money Australia, working with the distribution team and watching the bank grow and develop its digital touchpoints,” Holland says.

She is looking forward to building a similar career at ME – a second home given its recent acquisition by BOQ.

Andrew Moulds

Head of asset finance, Lend

Lend, one of the leading names in the SME fintech sector, has announced the appointment of Andrew Moulds as its new head of asset finance.

Moulds joins Lend with more than 25 years in the asset finance sector in various roles, including as COO of brokerage Amfin, general manager of a boutique asset lender, group fi ance manager at a multi-franchise automotive group, and sales positions at top-tier lenders. He is also an accredited broker.

“My vision is for Lend to be recognised as the best commercial asset finance platform for brokers and lenders that increases their conversion rate and is constantly being improved,” says Moulds.

His main focus will be to oversee the development of Lend’s asset finance platform and diversify its lender’s panel. He will work closely with Lend’s head of third party, Donelle Brooks, to support brokers in diversifying into commercial finance.

“From a broker expectation point of view, they can expect to see an enhancement of our existing platform,” says Moulds.

“At the moment, we allow them to service the funding needs of their SME clients, and we capture a number of products in the commercial space, which we will expand out to include asset finance. This will further strengthen that value proposition to clients and ensure that, from our perspective, we’re providing a holistic solution to brokers for SMEs.

“We’ll continue to do that heavy lifting for brokers on the lender matching that we’re renowned for and apply it to asset finance. We’ll be making some upgrades to our existing platform to cater for that.”

Kathryn Skok

Business development manager, SA/WA/TAS, Moula

“I’m excited to work with brokers across South Australia, Western Australia and Tasmania in my new role at Moula,” says Kathryn Skok.

“Part of my role is building brand awareness in the South Australian market, as we’ve never had an SA-based BDM on the ground full-time. My aim is to help brokers access finance for their clients, with fast turnaround times and the best possible service.”

Previously, Skok worked in unsecured lending for three years after starting her career in Sydney.

“While I may be newer to the industry than others, I’ve quickly gained a reputation for my solutions-focused approach,” she says.

“I’m focused on getting back to brokers in a timely manner, returning calls within the hour, and if I can’t help directly, referring business to others.”

Skok says she was initially drawn to her new role because of Moula’s reputation in the industry, the attractiveness of its unsecured lending product, which has no early repayment fees, and the company’s collaborative, tight-knit team.

Her goals include achieving month-on-month growth across SA, WA and Tasmania.

“Working closely with underwriters is an advantage for a BDM; our underwriting team is only ever one quick call away and always willing to talk through what we need to reach the right outcome for any particular client.”

Cristian Fedrigo

National manager credit and settlements, Angle Finance

Fedrigo joins non-bank equipment finance lender Angle Finance with almost 20 years’ experience in banking and financial services. Specialising in loans for transport, construction, materials handling and earthmoving equipment, Angle Finance has a broker-first approach.

Fedrigo has spent the majority of his career in broker and intermediary channels. He held several leadership positions at AFG and most recently was head of sales and head of strategic partnerships at GetCapital. Fedrigo sits on several commercial and asset finance committees across the broker industry. He holds a Bachelor of Business and Commerce majoring in Applied Finance from Western Sydney University.

Fedrigo says his main vision at Angle Finance is to achieve frictionless harmony between the front line and back of house, supporting the sales team in assisting brokers. “Providing a superior broker/customer experience requires all departments working together to ensure a seamless transaction every time,” he says.