Former Mortgage Choice CEO joins ASX-listed group

A former chief executive of Mortgage Choice has been appointed as a director of a diversified financial services group.

The board of Austbrokers Holdings Limited last week announced the appointment of Paul Lahiff as a director effective 1 October 2015.

Mr Lahiff was previously CEO of Mortgage Choice Limited (2003 – 2009) and prior to that he was an executive director of Heritage Bank and Permanent Trustee and held senior roles in Westpac in Sydney and London.

He is currently a director/ trustee of SunSuper, chairman of NPP Australia Limited, Smartline Personal Mortgage Advisers, LIXI Australia and Retail Finance Intelligence.

In a trading update last week, Austbrokers also announced that after 10 years as chairman, Richard Longes will retire at the conclusion of this year’s AGM as foreshadowed last year.

The board has appointed current non-executive director, David Clarke, to succeed Mr Longes as chairman of the board.

Mr Clarke has 35 years’ experience in investment banking, funds management, property and retail banking. He is currently chairman of Charter Hall Group (CHC) and a past director of AMP Limited, Allco Finance Group Limited and Lend Lease Corporation Limited.

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