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The financial services group has announced the appointment of a new chief financial officer.
Yellow Brick Road (YBR) has announced that chief operations officer (COO) Stephen McKenzie will take on the role of chief financial officer (CFO).
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Mr McKenzie joined YBR in December 2018 as general manager, operations, before assuming the role of COO in August 2019.
Prior to joining YBR, Mr McKenzie held a number of managerial roles at Aussie Home Loans over a period of almost 12 years, including a stint as head of finance from 2007 to 2012.
The new appointee has previously held roles at HIH Insurance, Bupa Australia & New Zealand, and EY Australia.
Mr McKenzie is also a member of the Institute of Chartered Accountants and holds qualifications in applied finance and investment and mortgage broking.
Commenting on his appointment, YBR stated: “[Mr McKenzie] has significant experience in initiating and implementing strategies to grow the P&L of businesses, including increasing customers, driving efficiency gains and improved product margins.
“Stephen’s expertise in financial management and extensive experience, which includes delivering industry-leading services to customer and mortgages brokers as well as driving process and cost efficiencies through automation and technological innovation, will be a tremendous asset to YBR.”
[Related: YBR completes sale of 50% stake in Resi]
