Yellow Brick Road’s (YBR) chief executive of wealth management, Matt Lawler
, has announced his resignation after five years in the top role.
According to a statement released by YBR, Lawler will conclude his tenure with the mortgage and wealth franchise on 30 September 2016. YBR executive chairman, Mark Bouris
, has thanked Lawler for laying the foundations of the YBR branch network and creating a strategic platform for the wealth management business.
“Matt has delivered the strategy for the wealth management business and has developed the right talent to take the business forward,” Bouris said.
“Our wealth management business is in good shape, delivering its best ever monthly result in June 2016. It remains a strategic priority and we will continue to invest in the necessary resources to make it a core contributor of revenue to our business.”
Lawler joined YBR as CEO in May 2011. In February this year, YBR announced a management reshuffle which saw Lawler appointed to the newly created CEO – Wealth Management position across both the YBR and Vow businesses. Former head of Vow Financial, Tim Brown, was also appointed to the newly created CEO – Lending position across the two businesses as a part of the reshuffle.