The CEO of the Mortgage and Finance Association of Australia (MFAA), Siobhan Hayden, has stepped down due to strategic differences with the board.
Ms Hayden thanked the association’s members and board for the opportunity.
“I’m proud of what I’ve achieved in the role and think the mortgage broking industry is well-positioned into the future," she said.
Chairman of the MFAA, Cynthia Grisbrook, thanked Ms Hayden for her achievements as CEO, which included increasing member engagement and member numbers, currently at 12,500.
Stephen Bisgrove, Evan Thomas and Stephen Hale – who are part of the leadership team – will jointly lead the organisation while the search for a new CEO takes place.
The MFAA will continue to implement the framework set by the board in February.