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Newly formed leadership roles have been announced at the non-bank to bolster its support to the broker channel.
Non-bank lender Assetline Capital has announced two executive appointments in newly formed leadership roles.
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Royden D’Vaz, the non-bank’s head of distribution and partnerships, has been named general manager of distribution and partnerships.
In his new role, D’Vaz will focus on developing and nurturing partnerships with the broker channel, as well as overseeing product distribution across the country.
D’Vaz has worked at Assetline since 2022 and had previously held senior positions at Loan Market, Bluestone Home Loans, and National Australia Bank.
Meanwhile, Jason Lucas has been named as head of sales for commercial lending.
Lucas also brings a wealth of experience to his new position from his time as Assetline Capital Queensland state manager, where he was responsible for the non-bank lender’s expansion and presence in the Sunshine State. Before Assetline Capital, Lucas was a director at Sydney-based brokerage Pure Capital Finance.
He will now focus on commercial loan origination, overseeing Assetline Capital’s construction and short-term projects.
The new roles came into effect last Monday (12 August).
Nick Raphaely, co-CEO of AltX Group, (the parent company that originates and manages private capital transactions through Assetline Capital), said the executive appointments align with the non-bank lender’s commitment to the broker channel.
“We are proud to introduce these two roles to Assetline Capital,” Raphaely said.
“Assetline Capital has seen substantial growth in the past financial year, achieving a 57 per cent increase in total loan settlements including a 60 per cent increase in bridging loan settlements. These strategic roles are vital to our growth and commitment to providing exceptional service to our brokers and borrowers.”
Speaking about his new role, D’Vaz added: “Developing strong broker partnerships is at the core of what we do at Assetline. We hugely value our relationships with our brokers and aggregator partners, and I look forward to engaging with them and helping them leverage Assetline Capital’s range of lending solutions.”
Lucas also indicated that he was excited about the new position.
“Since joining Assetline Capital in 2020, I’ve seen the brand grow from strength to strength in the commercial lending space,” Lucas said.
“In just one year, we’ve opened a Queensland office, expanded our short-term product offerings and introduced a $1m-$5m construction product to the market. I’m excited to continue this success and offer more commercial lending solutions to our brokers.”
Since the start of the 2024 calendar year, Assetline Capital has announced several strategic hires including the appointments of Laura Stanley and Rose Natoli to the non-bank lender’s NSW and Victoria sales teams, respectively.
[Related: Assetline Capital launches new Alt Doc Construction product]
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