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The Mortgage & Finance Association of Australia has announced the appointment of Stephen Hunt as the new head of education.
As the head of education, Mr Hunt will be primarily spearheading the development of an education-based competency framework, in consultation with industry. He will also be heading the direction of the MFAA professional development program, including the National Roadshow 2018 and other online webinars.
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MFAA CEO Mike Felton commented: "Stephen’s knowledge and experience in education will be a great asset to the MFAA.
"Following 14 years as head of training, education and licensing for Bridges & Associates (part of the IOOF Group),” Mr Felton said, "Stephen is well placed with relevant finance industry and education experience to lead our professional development strategies and engage with our members and other key industry stakeholders.
"His knowledge of how the financial planning industry has dealt with regulatory changes will really complement the MFAA’s education plans."
The CEO of the MFAA added that the appointment was timely, given the "ongoing industry regulatory changes, in particular with regard to the self-regulation initiatives which heighten the focus on and importance of, professional development, education and training as key components of the governance framework".
Mr Felton said that the role complements the association's aims of "leading the industry in professional standards and bring[ing] education to the fore to ensure we maintain professionalism and credibility as an industry".
Commenting on his new role, Mr Hunt said: "I’m genuinely excited about joining the team of dedicated professionals at the MFAA. Like the financial planning profession, the mortgage and finance industry faces the concurrent challenges of regulatory change, digital disruption, mixed consumer confidence and disparate economic conditions between different states and regions.
"I look forward to helping our MFAA members sustain and grow their businesses.”
[Related: Mortgage industry forum preparing policy solutions]
