The non-bank lender has announced the appointment of Alex Brgudac as the company’s new head of sales and strategic partnership.
Mr Brgudac joins MA Money with extensive experience in the financial services industry, having previously held roles with ASX-listed lender Prospa Group Limited, Loan Market Group Asset Finance, and Insurance Australia Group.
He also held the role of advisory member of the Mortgage and Finance Association of Australia (MFAA) and the Finance Brokers Association of Australia (FBAA).
Joint chief executive of MA Financial Group, Chris Wyke, said he looked forward to the appointee’s contribution to the ongoing growth of the non-bank lender.
“Alex has been an integral part of some of our industry’s most successful and fastest-growing companies. We see his appointment as a logical step to help lead the MA Money business into the future,” Mr Wyke added.
On his appointment, Mr Brgudac said: “After speaking with the team at MA Money, I knew this role was something that had the right amount of excitement and challenges that I was looking for in the next chapter of my career.
“As MA Money continues on its upward trajectory, I’m confident I can play an integral role in furthering our growth and push us closer to our goal of being Australia’s preferred non-bank lender.
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“MA Money is moving forward at a lightning pace, and I knew I wanted to be part of that journey. I’m excited to get started right away and implement the long-term company vision.”
Furthermore, MA Money has announced that its national sales manager, Melanie de Jager, will be relocating to Perth to head the non-bank lender’s Western Australian sales team.
Due to the move, Mr Brgudac will also be responsible for the sales function of the organisation.
Following an acquisition by MA Financial last year, non-bank mortgage lender MKM Capital unveiled a new name and branding to more closely align with its new parent company.
MKM Capital revealed that it would be known as MA Money as of 2 November 2022.
Since the acquisition, MA Money’s parent company appointed former Aussie Home Loans chief financial officer (CFO) Giles Boddy as its new CFO.
Mr Boddy commenced with his CFO role on 6 March 2023, replacing MA Financial’s former CFO Graham Lello who announced his resignation from the company after a five-year tenure in October last year.
[RELATED: MA Financial appoints CFO]
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