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The non-bank lender has appointed three business development managers to its asset finance arm across three states.
Non-bank lender Resimac Group Limited (Resimac) has appointed Alex Zanfirache, Stephen Light, and Mark Buckland to the Resimac Asset Finance team as business development managers (BDMs) across Queensland, Victoria, and Western Australia, respectively.
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Mr Zanfirache holds extensive experience in asset finance broking and commercial lending. According to Resimac, he values “relationship-building and is excited to be part of a team challenging larger market players”.
With a career in asset finance spanning over three decades, Mr Light has worked for various lenders, aggregators, and broking groups, most recently working as a BDM for Connective Asset Finance.
Mr Buckland carries more than 20 years’ of experience in the finance industry, including asset finance, in Western Australia. The non-bank lender stated Mr Buckland “enjoys working with brokers and making a difference to their business”.
General manager of the Resimac Asset Finance division, Michael Moloney, said: “Alex, Stephen and Mark are excited to be part of a growing team and are committed to helping us achieve $1 billion in settlements this financial year.”
The triple hire continues Resimac Asset Finance’s expansion, with the non-bank growing its BDM team from two to 12 over the past two years.
Thorn Group acquisition completed
These appointments follow Resimac completing the acquisition of a $136 million equipment loan portfolio from financial services group Thorn Group Limited (Thorn) this month (September 2023).
According to the non-bank lender, Resimac Asset Finance will serve brokers previously served by Thorn and looks to introduce them to a range of “flexible and competitive” products.
Mr Moloney added that the acquisition of Thorn has given the Resimac business “more reach and presence”.
“The Thorn deal demonstrates how serious we are about providing great products and services to asset finance brokers across Australia,” Mr Moloney said.
“We are keen to work with brokers who haven’t tried Resimac Asset Finance before and show them why so many of their peers are forming relationships with us.”
Leadership changes
Earlier this year, Resimac confirmed a change to its senior leadership structure as part of a refocused strategy that aimed to “drive greater synergies between key business units”.
The non-bank lender’s general manager of product and customer experience Daniel Carde, general manager of distribution Chris Paterson, and chief information officer Majid Muhammad all had their roles expanded in the changes.
[RELATED: Resimac announces leadership changes]
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