Brighten publicizes new CEO | Australian Dealer Information


Brighten publicizes new CEO | Australian Dealer Information


Former Resimac CFO indicators on

In a pivotal transfer to satisfy Australia’s rising demand for different lending options, non-bank lender Brighten Dwelling Loans has appointed mortgage trade veteran Jason Azzopardi (pictured) as its new chief government officer (CEO).

Azzopardi brings almost 30 years of trade expertise, having labored for monetary establishments in Australia and London.

Beforehand, he served because the CFO at ASX-listed non-bank Resimac, overseeing a number of capabilities, together with the corporate’s New Zealand and Manila operations, advertising and marketing, and investor relations.

His expertise additionally consists of senior management roles at Macquarie Financial institution, Bankwest, and Uno Dwelling Loans, the place he applied strategic initiatives throughout numerous domains corresponding to finance, distribution, operations, enterprise intelligence, model, and buyer expertise.

New CEO’s plan for Brighten

Beneath Azzopardi’s management, Brighten stated it goals to strategically speed up its progress and additional solidify its place within the non-bank lending sector.

The corporate has continued to develop its presence within the trade, as evidenced by its current $600 million public RMBS transaction in October 2023 — the fourth and largest up to now.

Moreover, Brighten has expanded its distribution by forming key partnerships with main nationwide aggregators, together with AFG Dwelling Loans, LMG, Finsure, and Outsource Monetary.

Scott Kelly, Brighten’s managing director and Australia CEO of its guardian firm RAM, stated the lender was “delighted to welcome Jason, a extremely revered and endorsed trade government, to our crew at Brighten”.

“His observe report and experience will contribute to sustaining and accelerating our progress trajectory, driving success in key areas, and main the enterprise to new heights,” Kelly stated.

What’s going to Brighten convey to brokers in 2024?

One other factor that units Brighten aside within the more and more aggressive non-bank area, is its dedication to brokers. 

With a wide range of new initiatives on the horizon, Azzopardi stated the dynamic and evolving market panorama is a chief alternative for Brighten.

“I’m excited to be becoming a member of Brighten right now. Brighten’s diversified funding platform, together with the wholesale credit score fund, permits Brighten to offer residential and business lending options not available from most lenders out there,” Azzopardi stated.

Azzopardi stated the non-bank lender has additionally closely invested in expertise to make the enterprise extra “environment friendly and scalable” citing its origination platform as one of many “key causes” for becoming a member of the crew.

“Our skilled in-house tech crew consistently search for system upgrades and enhancements to ship higher experiences for brokers and clients,” he stated.

“Our proprietary origination platform is designed to boost market responsiveness and improve enterprise efficiencies, which means we are able to write extra loans in a lot much less time. For brokers, this implies sooner turnaround occasions and happier shoppers.”

Brighten additionally confirmed it’s finalising its dealer portal, which might be rolled out this yr.

“It will facilitate higher communication with brokers and provides them quick access to instruments to extend the effectivity of their practices,” Azzopardi stated.

“Brighten’s progress might be pushed partly by our excellent, not too long ago applied proprietary origination platform and our new core banking platform quickly to be launched. These platforms will proceed to drive market-leading buyer and dealer experiences as we construct the Brighten model within the Australian residence mortgage market.”

A brand new inclusive chapter

Whereas Brighten stays devoted to its mission of serving under-served segments of the lending market, it’s is also equally dedicated to its range and inclusion initiatives.

Azzopardi stated he was excited to be becoming a member of an organization with a range and inclusion observe report like Brighten’s.

“Not solely is this sort of company tradition the fitting factor morally, however analysis has proven that numerous and inclusive corporations carry out higher commercially.”  

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