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Scott McWilliam, the CEO of Resimac, has resigned from the lender after 21 years of service, with an interim CEO now appointed.
Resimac Group has announced that McWilliam has resigned from his employment with Resimac, after 21 years of service.
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According to the lender, it has also been mutually agreed that McWilliam will “take a period of leave” before his employment contract officially ends on 1 September 2024.
McWilliam has been CEO for six years (and was joint CEO for three years following Resimac’s merger with Homeloans Limited in 2016).
Resimac said it will commence a search for a successor “imminently”, but, in the interim, non-executive director Susan Hansen will be appointed interim CEO.
Speaking of the change, Resimac chair Warren McLeland acknowledged the “significant contribution” McWilliam had made to Resimac (and previously Homeloans) over his 21-year career and wished him “continued success in his new endeavours”.
McWilliam said he was proud of all that had been achieved in Resimac during his time as CEO and thanked the board and his executive team for their support and wished the organisation all the best for the future.
“It has been a great privilege to lead this business and its people, and I thank everyone for their support and friendship over many years. I leave Resimac with so many wonderful and cherished memories,” he said.
“I would like to take this opportunity to wish everyone at Resimac the very best and I will watch on with keen and heartfelt interest for all the successes that await Resimac.”
Chris Paterson, Resimac’s general manager, distribution, said: “Scott has instilled plenty of great qualities in those he’s worked with and the people within Resimac will continue to drive these qualities with our service proposition as a non-bank lender.
“Resimac will continue to offer competitive full doc, alt doc, specialist and asset finance product solutions, we are committed to supporting brokers grow their business.”
The move comes amid a period of upheaval at Resimac, with the lender recently having withdrawn from the New Zealand market, and had a change in several senior leadership positions last year.
[Related: Resimac announces leadership changes]
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