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The Mortgage & Finance Association of Australia (MFAA) has welcomed a new president to the industry body.
Yesterday, the MFAA revealed that Vow’s chief executive officer Tim Brown had been appointed as president and is set to formally take over the reins on 21 November 2013 at the MFAA's annual general meeting.
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Mr Brown has worked in the banking and finance industry for more than 30 years, as a broker, lender and aggregator representative.
He has held senior management positions in a range of groups, including Macquarie Bank, LJ Hooker, Suncorp, Aussie Home Loans and AVCO Finance (now GE Capital). He owned LJ Hooker Home Loans as a master franchise, which was acquired by LJ Hooker in 2003.
He has also completed a Masters in Business, a Diploma in Mortgage Lending and a Diploma in Financial Planning.
Speaking about his appointment, Mr Brown said he was excited about leading the MFAA through what will be a strong period of growth for the mortgage broking industry.
"The MFAA Board and management are keen to lift the profile of the MFAA with consumers so they understand the benefits of dealing with tertiary qualified and experienced mortgage brokers,” he said.
