Powered by MOMENTUM MEDIA
realestatebusiness logo

Subscribe to our newsletter

Tic:Toc raids ASX board for new chair

The digital lender has recruited from the ASX for its new chair, as it embarks on its next phase of growth.

Former Macquarie Specialised Asset Management chair Yasmin Allen has been named in the role, effective immediately.

Currently, she is chair of training group Digital Skills Organisation and not-for-profits Harrison Riedel Foundation and Advance.org.

Ms Allen is also a non-executive director at ASX, Cochlear, Santos and the National Portrait Gallery in Canberra.

She has replaced outgoing chair Con Tragakis after a four-year-long tenure.

Advertisement
Advertisement

Tic:Toc founder and chief executive Anthony Baum commented Ms Allen will bring “extensive and industry-specific experience”, as well as “careful judgement and strategic wisdom” for the lender’s next growth phase.

“Yasmin is joining at a transformative time for Tic:Toc as we continue to double down on our mission to accelerate and simplify the lending industry, utilising our proprietary technology,” Mr Baum said.

“In October, we closed $2 billion in settled home loans, with more than half of that closed in 2021, and brought on 12 new enterprise partners this year. We’re heartened by the market response to our technology to date, and we’re just getting started.”

Ms Allen added that she looks forward to leading the company through its next stage.

“Platforms are eating the world, and I see huge opportunities for the company to ride the innovation wave globally,” she said.

Ms Allen’s recruitment has come shortly after the appointment of chief technology officer Shantell Williams.

[Related: Digital lenders indicate mortgage industry blind spots]

Tic:Toc raids ASX board for new chair
mortgagebusiness

Sarah Simpkins

Sarah Simpkins is the news editor across Mortgage Business and The Adviser.

Previously, she reported on banking, financial services and wealth management for InvestorDaily and ifa.

You can contact her on This email address is being protected from spambots. You need JavaScript enabled to view it..

Latest News

The bank has announced it is partnering with Nano to utilise its tech to offer a digital mortgage for retail customers in Q3. ...

The Reserve Bank has revealed that it weighed up three different options for the size of the first cash rate rise in almost 12 years. ...

The major bank has launched its digital home loan division, Unloan, which is a product that has a progressive interest rate discount. ...

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.