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The private lender has promoted its state manager for southern states to the new position of national sales manager.
Private lender Oak Capital has promoted Caleb Tiller to the new position of national sales manager.
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Mr Tiller – who first joined the lender in 2018 as a business development manager – was mostly recently the lender’s state manager for Victoria, South Australia, and Tasmania.
As of mid-November, he began the new position of national sales manager and now leads and manages the national sales team of Oak Capital.
According to Oak Capital, the new position has been created to separate the leadership and management of the national sales team. This move was intended to enable the head of strategic partnerships Nick Green to concentrate solely on advancing the brand and industry connections in both broker/aggregation and financial planning/investments.
The lender added that Mr Tiller had consistently been a top performer within the broker distribution team and the promotion recognised his hard work and dedication to his roles over the years, as well as his “innate leadership skills”.
Speaking of the new appointment, Oak Capital chief executive and founder Stephen Mitchell said: “We couldn’t be happier with Caleb’s journey within the business. He has been instrumental to our growth as a lender and is not only a fantastic operator, but also a genuine team player among the broader team, not just within our sales & distribution.”
The private lender’s head of strategic partnerships Mr Green added: “Caleb’s passion for the Oak Capital business is first class and he is always striving to deliver fantastic broker and customer outcomes day in and day out.
“I am personally proud of this milestone that Caleb has reached and am very excited to continue to work alongside him in his new position, both now and into the future.”
He added that by “stripping out the leadership and management of the national sales team”, Oak Capital would have “the competitive advantage of having a relationship lead across all of [its] key business partners and stakeholders in the market, with a focus on shared value and business growth”.
The private lender has been building its presence in the broker channel recently, particularly for its commercial lending offering.
Oak Capital recently joined the commercial lending panel of aggregator Specialist Finance Group (SFG), making its short-term funding options available to the 1,300 brokers aggregating under the group.
The SME alternative non-bank lending specialist provides both commercial and residential loans to borrowers needing short-term finance (under 12 months).
Oak Capital’s founder and CEO Mr Mitchell commented: “Our newly formed partnership with SFG is an immense move for Oak Capital and further diversifies the short-term alternative funding options for their members and their SME customers.
“This partnership reinforces that Oak Capital is leading the way in the short-term, SME non-bank lender space, and is the broker-preferred funder of choice in the alternative lending arena.”
[Related: Oak Capital joins SFG panel]
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