The Mortgage & Finance Association of Australia (MFAA) has announced the appointment of two new independent directors.
Vladimir Malcik and Joshua Hatten bring public and private expertise in education, governance and financial management to the association’s board.
Malcik will chair the Audit and Risk Committee while Hatten will chair the Nominations Remuneration and Governance Committee. Their appointments come after Malcolm Watkins stepped down in late 2016 and Michael Cottier stepped down on 31 May.
Hatten is a former chief of staff to the NSW Minister for Education and has served as a non-executive director for Qudos Bank and ACON Health. He has also acted on governance committees in a number of public and private organisations with experience in banking, law, education, politics and health.
Malcik worked as CFO of the Australian Submarine Corporation and has also held senior management positions including director and company secretary in a number of other firms including Suncorp and Lend Lease. He brings experience in banking, finance, insurance, re-insurance and superannuation.
“The MFAA now has a Board, CEO and management team to take the association into its next phase of growth and service to the industry,” the MFAA said in a statement.
“The MFAA has the governance and expertise in place at Board level to support our management team as it continues to develop, nurture and promote our industry, raising profile and driving sustainable and ethical growth for all our members.”
Both directors have been appointed for a term of three years and will be subject to an annual review on 31 May this year.
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