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Pete Lirantzis will officially take the reins as Resimac CEO at the end of April.
Resimac has confirmed that incoming CEO Pete Lirantzis will begin his new role on 30 April 2025.
The non-bank lender announced the appointment of Lirantzis in December 2024, after flagging the decision to appoint a new leader in November.
He replaces interim CEO Susan Hansen, who will remain a non-executive director.
The announcement of Lirantzis’ start date follows the successful migration of the Westpac auto back book portfolio to Resimac in March 2025, a project he was responsible for delivering.
Lirantzis joined Resimac in February 2024 and is currently employed as the non-bank lender’s chief strategy, products, and operations officer.
He has extensive experience in the finance industry, having served as CEO of Thorn Group, a commercial and consumer finance company listed on the ASX (and of which Resimac acquired the commercial side in mid-2023) and CEO roles at Splitpay – a UK based fintech start-up – and Humm Group.
His appointment follows a reshuffle of Resimac’s board in November, with Wayne Spanner replacing Warren McLeland as chair.
Resimac said Lirantzis’ immediate focus would be to drive and develop the experience for Resimac brokers and customers.
Commenting on his new role, Lirantzis said: “I want to ensure that we are adaptable and more responsive to the needs of our brokers and customers. We’ll do this through the continued adoption of AI, and ongoing digital transformation of the broker and customer experience.”
Diversification drive
The confirmation of Lirantzis’ start date as CEO comes as the lender pushes into car finance, purchasing the portfolio of auto loan receivables and leases from Westpac in October in a deal worth up to $1.6 billion.
The transaction followed a string of business and portfolio acquisitions by Resimac in recent years, including Sydney-based lender International Acceptance Group.
Speaking to The Adviser in February about Resimac’s diversification drive, Hansen said: “The Westpac auto portfolio acquisition aligns with Resimac’s asset finance division’s strategic growth objectives, allowing the group to access over 100,000 new customers and introduce new products to its offerings.
“We continue to deliver on our strategic priorities with the ongoing digital transformation of our business.
“The balance sheet is showing signs of growth, the portfolio is continually being diversified, and we are achieving positive funding outcomes while remaining committed to assisting our customers during these challenging times.”
[Related: Resimac reports 25% rise in home loan applications]
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