A commercial lender has appointed a former NAB executive as its new chief risk officer.
Arch Finance Group has brought Greg Hadingham on board to head transaction underwriting and account management, as well as to monitor risk management and compliance.
Additionally, he is intended to lead the team through the next phase of the company’s development.
“The Arch track record speaks for itself, and its product and borrower experience position Arch for continued growth of the loan book,” said the newly appointed chief risk officer.
“I am super excited to be joining the talented team at Arch, and am fortunate for the opportunity,” he added.
Arch Finance is a commercial real estate mortgage financier launched in 2008 that provides a range of deal terms for property loans ranging from $500,000 to $7.5m. Its group loan book recently passed the $400m mark.
Arch manages Peer Estate, a platform that delivers commercial property loans to borrowers and provides online access to commercial real estate investment opportunities with customised return targets over the short to medium term.
CEO of Arch Finance and Peer Estate Russel Brennan said, “Due to Greg’s significant experience in commercial lending he is well placed to lead our transaction credit, risk management and compliance activities and I welcome him to the senior leadership team.”