Former MFAA CEO joins HashChing advisory board

by Phil McCarroll13 Sep 2016
Online home loan HashChing has attracted another major name with former Mortgage & Finance Association of Australia (MFAA) chief executive officer Siobhan Hayden joining its advisory board.

Hayden’s appointment is the latest in a string of notable ones made by HashChing, with financial services regulatory lawyer Claire Wivell Platter and financial service senior executive Helen Lorigan both having been appointed to the advisory board in recent weeks.

Hayden stepped down from her MFAA role in June this year and said she believes HashChing will have a significant impact on the the Australian home loan market.

“HashChing sits at the intersection of customers, brokers and lenders and provides a pathway to timely and convenient solutions in the mortgage market,” she said.

“HashChing is a great business with a very authentic brand built on principles of integrity, transparency and genuine customer service.”

Mandeep Sodhi, HashChing chief executive officer, said Hayden is an ideal appointment to help HashChing build market share across both broker and consumer channels.

“No one understands the Australian home loan market better said than Siobhan,” Sodhi said.

“She’s worked on the front line of the mortgage industry and understands trends, behaviours customer patterns and technology. Her deep understanding of the mortgage brokers’ behaviour and pain points will help us further enhance our automated algorithm which matches borrowers with the right mortgage broker. We’re very lucky to have her,” he said.

Atul Narang, HashChing chief operating officer said Hayden’s appointment means the company now has an advisory board that will truly help it meet its growth targets.

Launched in August 2015, HashChing is completely free for consumers and has so far seen more than $1.5bn worth of loan applications lodged across its panel of 40 lenders.