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Alex Bank hires state manager to drive broker expansion

by Annie Kane10 minute read
Peter Gibson

The neobank has hired its first state manager for broker partnerships, Queensland, to help support brokers and oversee its third-party channel expansion.

Digital lender Alex Bank has appointed Peter Gibson as its first state manager for broker partnerships, Queensland.

The inaugural appointee was previously the state sales manager for Queensland and Western Australia at Consolidated Finance Group and has over a decade of experience in the finance industry, including working with brokers at FleetPartners and Suncorp.  

He joined Alex Bank in April.

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Speaking of the new hire, Simon Beitz, chief executive of Alex Bank, said: “I’m delighted to have Peter on board supporting, driving and growing our broker distribution channel. 

“Peter has extensive industry experience and will be a valuable asset to the Alex Bank team as we continue to grow and expand our offering. 

“Our broker partnerships play an important role in Alex Bank’s acquisition strategy and is an area we will continue to invest in supporting and developing.”  

Alex Bank launched its first aggregator partnership with Platform Finance in December of last year and said it was now planning to build its broker network with a “select group of high-quality broker and aggregator businesses over the coming months”.  

The new appointment comes after the digital lender recruited two new C-level executives as it continues to build its personal lending book, which has reportedly grown by over 150 per cent in the past six months.

To date, the lender has settled over $30 million in loans and is expected to expand into new products in near future.

[Related: Neobank announces 1st aggregator partnership]

 

peter gibson ta

AUTHOR

Annie Kane is the managing editor of Momentum's mortgage broking title, The Adviser.

As well as leading the editorial strategy, Annie writes news and features about the Australian broking industry, the mortgage market, financial regulation, fintechs and the wider lending landscape.

She is also the host of the Elite Broker, New Broker, Mortgage & Finance Leader, Women in Finance and In Focus podcasts and The Adviser Live webcasts. 

Annie regularly emcees industry events and awards, such as the Better Business Summit, the Women in Finance Summit as well as other industry events.

Prior to joining The Adviser in 2016, Annie wrote for The Guardian Australia and had a speciality in sustainability.

She has also had her work published in several leading consumer titles, including Elle (Australia) magazine, BBC Music, BBC History and Homes & Antiques magazines.  

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