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Oak Capital welcomes new board member and adviser

The CEO of Strata Choice and a former managing director at Credit Suisse, has joined the non-bank lender as non-executive director.

Oak Capital has appointed Craig Mowll, the chief executive of strata management firm Strata Choice, as a non-executive director of both the Oak Capital Mortgage Fund Limited and Oak Capital Wholesale Fund Pty Ltd.

Mr Mowll has more than 25 years’ experience in financial services, with leadership experience in a broad range of sectors, including banking, funds management, wealth management, and asset management.

He has previously been a GM of three divisions of St. George Bank, responsible for the management of $20 billion in assets (2001-2006), a managing director at Credit Suisse (2006-2009), the CEO of Certitude Global Investments (2010-2015), and was the general manager, wealth at MyState Limited (2018-2021), among other roles.  

He also has held a range of roles in strata management and property development and holds numerous positions on high-profile company boards. 

Oak Capital noted that Mr Mowll had helped lead "the transformation of these businesses, including national re-brands, operational reform, and significant growth, either organic or through mergers and acquisitions".

It highlighted that he had "a strong focus on business transformation, strategic direction, growth, innovation, change management, and leadership" . 

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As well as his new board position, the new non-executive director will also reportedly provide "ongoing strategic advice to the firm". 

“In appointing Craig to our board we have immediately added an absolute powerhouse of knowledge and experience that will strengthen our company’s position in the market,” Oak Capital CEO Stephen Mitchell, said.

He continued: "We have a very strong growth agenda and Craig will be instrumental in providing critical advice on the execution of that”."  

Oak's head of business & risk, Craig Robertson, commented “the appointment of Craig Mowll couldn’t be more timely given the market that we are heading into; his experience and knowledge will help bolster our stringent compliance and risk regime”.  

[Related: HSBC Australia hires from within for new CEO]


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