Aaron Milburn becomes MD of Pepper Advantage UK

Credit intelligence company Pepper Advantage has welcomed Aaron Milburn to the company as its new managing director of the UK arm.

Mr Milburn began in his new role on Tuesday (20 February) and is replacing Gerry McHugh who will be retiring after a transitional period.

Mr Milburn was most recently the managing director of Pepper Advantage Indonesia, based in Jakarta. (Clive Kirkpatrick was recently named the head of operational fulfillment at Pepper Advantage Indonesia, replacing Mr Milburn as of 1 January).

The new Pepper Advantage UK MD had formerly led mortgage and commercial lending for Pepper Money in Australia and has previously served as state general manager at Westpac and St.George and head of broker distribution at Citi.

Global chief executive of Pepper Advantage, Fraser Gemmell, commented: “Aaron is an experienced leader with a clear record of delivering growth, a positive culture, and unparalleled results for customers.

“His knowledge, energy, and commitment to clients [make] him the right person to take on this critical role, which has been so ably filled by Gerry McHugh.

“I would like to thank Gerry for all his contributions to Pepper Advantage over the last 13 years and wish him the very best for a well-deserved retirement.

“I am confident the business Gerry helped to grow will reach new heights under Aaron’s leadership.”

Speaking of his appointment, Mr Milburn commented: “I’m excited to be joining Pepper Advantage’s UK business at this pivotal moment for credit markets.

“The team’s efforts to support borrowers alongside our growing data and technology solutions, which include our strategic joint venture with Clay and a material focus on increasing our unsecured consumer loan offering, positions us well to deliver the insights and service our clients need in this period of cost pressures and elevated interest rates.”

Pepper Advantage UK manages a portfolio of £20 billion ($38.5 billion) in assets under management (AUM).

[Related: Pepper Group CEO steps down fro m role]