As of 14 April, the chair and deputy chair of the Combined Industry Forum (CIF) have completed their terms and will pass the baton on to a new leadership team.
Former chair Anthony Waldron and deputy chair Mark Haron have been succeeded by co-chairs Simone Tilley, ANZ general manager of retail broker and Mark Hewitt, AFG general manager of industry and partnership development.
“The CIF has played a leading role to ensuring the industry has one voice and ensuring a sustainable and competitive mortgage broking industry,” said Waldron.
“There remains much to be done as we work through the current health and economic crisis; however, I am certain that we have put in place strong foundations for the future.”
The CIF was established in June 2017 following ASIC report 516: Review of Mortgage Broker Remuneration. Its representatives are drawn from banks, non-bank lenders, aggregators, brokers, the Australian Banking Association (ABA), the Mortgage & Finance Association of Australia (MFAA), the Finance Brokers Association of Australia (FBAA), the Customer Owned Banking Association (COBA) and the Australian Finance Industry Association.
“Collective industry commitment throughout the past three years has been a highlight. It has been a team effort, and one I have been pleased to be associated with,” said former deputy chair Mark Haron.
“A substantial amount of work and time has been dedicated across the membership to design and independently implement the proposed changes. Proactive reform is never easy, but the changes members have made provided a strong foundation which supported our industry tremendously during the royal commission.”
The CIF also played a role in working with government and the regulators to implement the industry recommendations made during the royal commission.
Newly appointed co-chair Tilley has expressed enthusiasm for her leadership position.
“I’m delighted to take on the role and work alongside Mark and my colleagues from across the industry to continue the reform process so we can deliver the best outcomes for all participants and the broader Australian community,” she said.
Co-chair Hewitt added, “Both Anthony and Mark leave a legacy of drive, enthusiasm and significant progress that Simone and I wish to continue.
“The CIF still has work to do as we continue to progress reform and work with government and regulators to ensure our industry is in a strong position for the future.”
Both Waldron and Haron will continue to be involved in the CIF, and will work with the new co-chairs to ensure a smooth transition in leadership.