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Jessica Darnbrough
Choice Aggregation Services' (Choice) Brendan O’Donnell will move on from the aggregation group to take up the role of managing director at Beat Home Loans.
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Mr O’Donnell joined Choice in January 2006 and has helped the group navigate its sale to Challenger as well as its subsequent acquisition by National Australia Bank to form part of the major’s third party distribution arm – Advantedge.
Advantedge’s current general manager – financial solutions, Stephen Moore, will now step up to take on the role of chief executive at Choice.
Mr O'Donnell said he couldn't be happier with the appointment of Mr Moore and told The Adviser that the future of Choice is in good hands.
"I was heavily involved in the recruitment process and I think Stephen is the right man for the job. He understand what brokers need and he understand the role of small businesses. He is very supportive of the third party distribution channel and will be doing all he can to make sure this channel goes from strength to strength over the coming years," Mr O'Donnell said.
Speaking about his own departure from Choice, Mr O'Donnell said it was the right time for him to take up a new challenge.
"I am and always have been very supportive of the broker channel. I am also a strong advocate of lender competition. So the new challenge for me will be working on ways to boost competition in the home loan market."
Mr O'Donnell will officially hand over the reigns to Mr Moore on 10 December.
