Powered by MOMENTUM MEDIA
realestatebusiness logo

Subscribe to our newsletter

DirectMoney makes new board appointment

ASX-listed lender DirectMoney has appointed a former banking executive as a new director of its board.

John Nantes will join DirectMoney’s board as a non-executive director, and has more than 20 years’ experience in the financial services industry.

Prior to his current role as chief portfolio manager for The Adcock Group, Mr Nantes was group head of financial services at Crowe Horwath, and has also held senior executive roles at St George Bank and Colonial State Bank.

Mr Nantes is currently also a director at financial services company Cashwerkz.

DirectMoney executive chairman Stephen Porges said Mr Nantes brings valuable experience and leadership specific to the Australian funds management sector.

Advertisement
Advertisement

“His guidance will greatly assist the company as we establish the DirectMoney Personal Loan Fund as the preferred investment for Australian retail and high net worth investors looking to gain exposure to the unsecured personal loan asset class,” he said.

[Related: DirectMoney inks loan referral deal with MyState]

DirectMoney makes new board appointment
mortgagebusiness

Latest News

The brokerage has teamed with the fintech, for the launch of a new app that will let borrowers compare pricing and environmental impact acro...

The desire to secure a mortgage has collapsed across the country, according to a new analysis from Equifax. ...

The Reserve Bank will be closely watching how households respond to higher rates as it decides its next move, ANZ senior economists have sai...

VIEW ALL

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!

What is the maximum proportion of income borrowers should use to service a mortgage?

Website Notifications

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