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For the first time in the brokerage’s history, Loan Market has announced that an external representative will join its board of directors.
Ewen Stafford has been appointed as the group’s first non-executive director following a six-month search.
Mr Stafford, who is currently chief operating officer at Australia Post, worked previously as chief operating officer and chief financial officer for NAB’s Australian operations, as well as chief financial officer of NAB’s wealth management division, MLC. He has also held roles at Colliers International and KPMG.
Loan Market chairman Sam White said the appointment of Mr Stafford comes at a pivotal time for the group.
“Given the growth that Loan Market has experienced and the ambition we have to broaden the scope of financial services that our franchise owners can offer their clients, we have decided to appoint non-executive directors to our board who can bring new insights, skills and experience to the governance and development of the company,” he said.
“Ewen brings his experience in financial services and business transformation to Loan Market as we aim to continue to build our momentum in Australia and New Zealand, as well as look for new ways to help our clients find the right products to create and protect their wealth.”
Loan Market’s board of directors has historically been made up of members of the White family or long-serving executives of the group.
[Related: Loan Market posts near-50pc loan growth in June]
