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The deposit bond provider has announced the appointment of Nick Rumpff as its new head of sales and distribution.
Rumpff joins the company with a distinguished background in sales and a proven record of driving growth in the financial services sector, according to Deposit Power.
Rumpff previously served as director of sales at Tractor Ventures, where he led a “high-performing sales team” and contributed to the company being named Australia’s fastest-growing fintech for 2023.
His career also includes senior sales leadership roles at ASX-listed small-business lender Prospa as well as various positions within the financial services and fintech sectors.
In his new role at Deposit Power, Rumpff will oversee the sales team and expand the company’s sales strategy to foster revenue growth.
His responsibilities will include strengthening relationships with key stakeholders and identifying new business opportunities.
Ryan Dinsdale, CEO of Deposit Power, expressed enthusiasm about Rumpff’s appointment: “We are very excited to welcome Nick Rumpff to the Deposit Power team.
“Nick’s extensive experience in sales leadership and his proven ability to drive growth make him the ideal addition to the Deposit Power leadership team.
“We are confident that Nick’s drive to excel and customer-centric approach will help us achieve our goals and further solidify our position as a market leader.”
Rumpff commented on his new role with Deposit Power: “I am thrilled to join Deposit Power and contribute to its continued success.
“The company has a strong reputation for innovation and customer service, and I look forward to working with the team to build on this foundation and drive further growth.”
Rumpff’s appointment comes as Deposit Power is experiencing a period of growth and expansion.
As the company enhances its product offerings and explores new markets, Rumpff’s expertise will be vital in executing its strategic initiatives and achieving long-term objectives.
New CEO appointment
This appointment comes as Dinsdale himself was announced as Deposit Power’s new CEO at the beginning of the year.
Dinsdale entered the role with the deposit bond provider with an expansive career that included roles as chief customer officer at CoreLogic, CEO at Purplebricks Group, and general manager of customer experience and marketing at CommSec.
The company said at the time that Dinsdale had recently been collaborating with key banking, innovation, venture, and early-stage organisations in identifying, incubating, and scaling opportunities.
[RELATED: Deposit Power welcome new CEO]
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