Home Mortgage Brighten declares new CEO | Australian Dealer Information

Brighten declares new CEO | Australian Dealer Information

Brighten declares new CEO | Australian Dealer Information

Brighten declares new CEO | Australian Dealer Information

Former Resimac CFO indicators on

Brighten announces new CEO

In a pivotal transfer to satisfy Australia’s rising demand for different lending options, non-bank lender Brighten Residence Loans has appointed mortgage trade veteran Jason Azzopardi (pictured) as its new chief government officer (CEO).

Azzopardi brings practically 30 years of trade expertise, having labored for monetary establishments in Australia and London.

Beforehand, he served because the CFO at ASX-listed non-bank Resimac, overseeing a number of features, together with the corporate’s New Zealand and Manila operations, advertising and marketing, and investor relations.

His expertise additionally consists of senior management roles at Macquarie Financial institution, Bankwest, and Uno Residence Loans, the place he carried out strategic initiatives throughout varied domains corresponding to finance, distribution, operations, enterprise intelligence, model, and buyer expertise.

New CEO’s plan for Brighten

Below Azzopardi’s management, Brighten stated it goals to strategically speed up its progress and additional solidify its place within the non-bank lending sector.

The corporate has continued to develop its presence within the trade, as evidenced by its latest $600 million public RMBS transaction in October 2023 — the fourth and largest to this point.

Moreover, Brighten has expanded its distribution by forming key partnerships with main nationwide aggregators, together with AFG Residence Loans, LMG, Finsure, and Outsource Monetary.

Scott Kelly, Brighten’s managing director and Australia CEO of its mum or dad firm RAM, stated the lender was “delighted to welcome Jason, a extremely revered and endorsed trade government, to our crew at Brighten”.

“His monitor file and experience will contribute to sustaining and accelerating our progress trajectory, driving success in key areas, and main the enterprise to new heights,” Kelly stated.

What’s going to Brighten carry to brokers in 2024?

One other factor that units Brighten aside within the more and more aggressive non-bank area, is its dedication to brokers. 

With quite a lot of new initiatives on the horizon, Azzopardi stated the dynamic and evolving market panorama is a main alternative for Brighten.

“I’m excited to be becoming a member of Brighten at the moment. Brighten’s diversified funding platform, together with the wholesale credit score fund, permits Brighten to offer residential and business lending options not available from most lenders out there,” Azzopardi stated.

Azzopardi stated the non-bank lender has additionally closely invested in expertise to make the enterprise extra “environment friendly and scalable” citing its origination platform as one of many “key causes” for becoming a member of the crew.

“Our skilled in-house tech crew continually search for system upgrades and enhancements to ship higher experiences for brokers and prospects,” he stated.

“Our proprietary origination platform is designed to boost market responsiveness and improve enterprise efficiencies, which means we are able to write extra loans in a lot much less time. For brokers, this implies quicker turnaround occasions and happier shoppers.”

Brighten additionally confirmed it’s finalising its dealer portal, which can be rolled out this yr.

“It will facilitate higher communication with brokers and provides them quick access to instruments to extend the effectivity of their practices,” Azzopardi stated.

“Brighten’s progress can be pushed partly by our excellent, lately carried out proprietary origination platform and our new core banking platform quickly to be launched. These platforms will proceed to drive market-leading buyer and dealer experiences as we construct the Brighten model within the Australian residence mortgage market.”

A brand new inclusive chapter

Whereas Brighten stays devoted to its mission of serving under-served segments of the lending market, it’s is also equally dedicated to its range and inclusion initiatives.

Azzopardi stated he was excited to be becoming a member of an organization with a range and inclusion monitor file like Brighten’s.

“Not solely is this sort of company tradition the proper factor morally, however analysis has proven that various and inclusive corporations carry out higher commercially.”  

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