Powered by MOMENTUM MEDIA
subscribe to our newsletter

Former RBS CEO joins loan management fintech

Fintech business Credi — a platform that enables friends, family and third parties to negotiate and arrange loans among themselves — has appointed a former CEO of the Australian arm of the Royal Bank of Scotland to its advisory board.

Since launching in Australia in April 2017, the platform has reportedly helped users document and negotiate $35 million in loans. 

The business has now appointed Andrew Chick, the former chief executive of the Australian and New Zealand arm of the Royal Bank of Scotland (2012–2015) to its advisory board. 

Mr Chick, who is also a mentor at the Tyro FinTech Hub and a board member at the NSW Financial Services Knowledge Hub, will support the board and leadership group with "his insights and work with international fintechs and across the banking and finance community".

The platform has also revealed that it has appointed Bendigo and Adelaide Bank’s commercial business development manager (BDM) Lara Dowdall to the role of chief operations officer for Asia & Pacific. 

Advertisement
Advertisement

Ms Dowdall has held a range of positions in banking since 2009, including as business banking manager and commercial and SME BDM for Suncorp, and as an account executive at Westpac. 

She will commence her role as COO of Asia & Pacific on Thursday, 12 October 2017, when she will start to help develop corporate and industry partnerships in Australia and internationally, and help manage the launch of Credi in New Zealand. 

The platform also aims to roll out to the UK in November 2017, and to the United States in early 2018.

[Related: Student lender eyes mortgages as SoFi readies for launch]

 

PROMOTED CONTENT


 

Former RBS CEO joins loan management fintech
mortgagebusiness

Are you a new-to-industry broker in the process of growing your business? Then there’s some great news: The Adviser’s New Broker Academy is back in 2021 and will provide you with essential insights into cutting-edge tools, strategies and processes to fast-track to success. Don’t miss your chance to attend. To secure your FREE place, visit newbroker.com.au now!

Annie Kane

Annie Kane is the editor of The Adviser and Mortgage Business.

As well as writing about the Australian broking industry, the mortgage market, financial regulation, fintechs and the wider lending landscape – Annie is also the host of the Elite Broker and In Focus podcasts and The Adviser Live webcasts. 

Contact Annie at: This email address is being protected from spambots. You need JavaScript enabled to view it.

Latest News

Reverse mortgage lenders have accessed a small fraction of the potential retiree housing market in Australia, according to Deloitte. ...

Pepper Money has priced its second I-Prime deal for the year, upsizing the figure to $850 million. ...

The LMI provider has announced a new CFO following the resignation of its current CFO, effective 24 September. ...

Join Australia's most informed brokers

Do you know which lenders are providing brokers and their customers with the best service?

Use this monthly data to make informed decisions about which lenders to use. Simply contribute to the survey and we'll send you the results directly to your inbox - completely free!

How long do you think it should take to discharge a mortgage?

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.