Loan Market Group has announced the recruitment of its first chief data and analytics officer.
As part of the group’s expansion of its data intelligence offering, Rob Allen will oversee data and analytics strategies as the group's inaugural chief data and analytics officer.
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In his new position, he will work as part of Loan Market Group’s (LMG) leadership team and in partnership with its tech, products, operations, and brokers.
Mr Allen brings almost two decades of experience in financial services and retail, having previously worked at the Commonwealth Bank of Australia, Citi Australia, and Endeavour Group prior to his new role with LMG.
Mr Allen commenced with his new position at LMG on Monday (16 January 2023).
LMG executive director and COO, Ewen Stafford, welcomed Mr Allen to the group: “We’re excited to welcome Rob to the LMG family, to put more data in [brokers’] hands so they access deeper insights for their business, and unlock customer intelligence to help brokers work smarter to stay ahead of customers’ needs and expectations.
“Data and analytics is a cornerstone for [LMG’s] growth strategy as we continue to innovate in the industry.
“I’m excited to see how Rob, and LMG’s Data and Analytics Team, will examine data to make the business of broking easier and further expand brokers’ services to clients.”
Mr Allen said he was thrilled to be a part of LMG and to help brokers assist more Australians in reaching their property goals.
“LMG’s vision for data is game-changing amidst an environment shaped by Open Banking, Best Interests Duty, changing interest rates and rising customer expectations. Utilising our data will help us identify, at scale, trends and customer preferences,” Mr Allen concluded.
“We’ll be able to develop even better products for brokers and their customers, streamline processes, and automate more tasks so brokers spend more time with their customers.”
Bolstering the WA leadership team
Western Australian financial services sector executive, Renee Dewar, joined the Western Australian leadership team for Loan Market in December last year.
She entered her new role coming off a three-year tenure as Bank of Queensland’s state manager for Western Australia and Northern Territory and has a lending background that reaches over residential, commercial, and equipment finance.
Ms Dewar stated the Western Australia consumer market and business community “remained optimistic” in the wake of changing economic climates.
“Whether they’re looking to scale up their teams, improve lead generation and referral partnerships, prepare for acquisitions or put in place succession plans, I’ll be coaching our owners through the spectrum of opportunities to make their businesses stronger,” Ms Dewar said.
[RELATED: Loan market WA leadership team strengthened with new hire]
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