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Drive IQ recruits former Lend head of asset

by Adrian Suljanovic5 minute read
Drive IQ recruits former Lend head of asset

Digital finance solutions company Drive IQ Technology has recruited a new chief operating officer to be part of its strategic leadership team.

Drive IQ has secured Andrew Moulds, the former head of asset at Lend, during a critical time in the group’s growth plans as it positions itself to expand operations across multiple intermediary channels.

With over 25 years of experience in the asset finance sector, Mr Moulds has held positions in several roles including COO at asset finance brokerage Amfin (Approved Motor Finance Co), group financial services manager at Alto Group, a multi-franchise automotive group and the aforementioned head of asset at Lend.

The group referred to Mr Mould as the driving force behind Lend’s commercial asset finance platform and a key contributor to the Insights education series.

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Drive IQ chief executive Simon Penhaligon said: “Andrew’s extensive experience across the multiple channels that our Group serves, coupled with his commercial acumen and history of growing businesses marks an exciting time for the group.”

Mr Moulds stated that he’s thrilled to be joining Drive IQ having previously worked with the group’s CEO.

“I have always been passionate about the application of technology to finance and Drive IQ Technology has an exceptional suite of end-to-end product solutions,” Mr Moulds said.

“Their development roadmap is impressive and the capacity to test and learn is a great enabler. I’m looking forward to contributing to their growth.

A digital education platform dedicated to commercial and asset finance training was recently launched by the Commercial & Asset Finance Brokers Association of Australia (CAFBA).

The platform is available to all members of the CAFBA’s Education Council — made up of 22 commercial lenders and aggregators — and the Professional Attainment Centre of Education (PACE).

Contained in the platform are formal courses, videos, podcasts and other CAFBA-approved content and resources focusing on commercial and asset finance.

Speaking to The Adviser at the time about the launch, CAFBA CEO David Gill said: “Formal education in commercial finance has been lacking for some time and there is no structured educational pathway into commercial finance for new entrants.

“By forming the Education Council, we’ve been able to develop PACE, which is a digitised platform that houses and delivers the right courses in commercial finance, depending on what stage of the journey you’re on.”

[RELATED: CAFBA launches commercial finance education platform]

andrew moulds drive iq ta fag qc

Adrian Suljanovic

AUTHOR

Adrian Suljanovic is a journalist on Momentum Media's mortgages titles: The Adviser and Mortgage Business.

Adrian has written for a range of titles under the Momentum Media umbrella such as IFA, Investor Daily and Lawyer’s Weekly before joining the mortgages team in 2022.

He graduated from the University of Wollongong in 2021 gaining a Bachelor of Communication & Media with a major in Digital & Social Media.

E-mail Adrian at: [email protected]

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