Aggregator appoints new head of distribution

by Madison Utley01 Jun 2020

An aggregator has announced the appointment of its new general manager of distribution.

Mortgage Choice welcomed David Zammit into the role from today, 1 June 2020.

Zammit has 14 years of experience in financial services spanning from boutique firms to multinational corporations. Most recently, he was the head of banking and wealth management distribution at CitiBank.

“David’s appointment comes at a critical time, as we gear up for a new era in the broking industry,” said Mortgage Choice CEO Susan Mitchell.

“We have made it a priority to invest time and resources into building a competitive and ever-evolving technology and compliance offering to support our network for Best Interests Duty.”

According to Mitchell, client satisfaction rose to an all-time high during Zammit’s tenure at CitiBank, leading the business to achieve record volumes across mortgages, investments and FX transactions.

“I believe that David’s understanding of the lending industry and ever-changing regulatory environment will help to position Mortgage Choice and its franchisees for the changes that lie ahead,” she added. 

Zammit has expressed excitement over joining the “iconic Australian brand”.

“I have a deep passion for building and growing successful businesses, both large and small. I look forward to building strong relationships across the franchise network and learning firsthand from its experienced franchisees what they need in order to be successful and grow their businesses and to drive the change required to deliver to those needs," he said. 

“I have always believed in the strong value proposition of the broking channel and its ability to put the customer first, which makes me optimistic about the future. I have seen the industry undergo tremendous growth over the years and I believe there is much more to come.”

Mitchell also thanked former general manager of distribution Neill Rose-Innes for his 12 years with the company.

“[Rose-Innes] has played a significant role in the strategic evolution of the business over the years and his authentic style has allowed him to build strong relationships at Mortgage Choice and within the wider industry. I wish Neill all the best in his new journey,” she said.