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MA Financial appoints CFO

by Adrian Suljanovic8 minute read

The financial services group has announced the appointment of Giles Boddy as its new chief financial officer.

Mr Boddy brings more than two decades of leadership experience in finance in various areas such as asset management, equities, lending and corporate transactions to his new role as MA Financial’s CFO.

He has previously held a number of CFO roles, most recently as CFO at Aussie Home Loans where he was at the helm of several operational areas such as finance, risk and compliance, capital management, legal and broker operations.

Prior to his tenure with Aussie Home Loans, Mr Boddy held CFO roles with the Commonwealth Bank of Australia (CBA), which included business banking which stretched over corporate financial services, local business banking and regional and agribusiness banking, as well as CommSec.

He has also held a number of senior leadership roles in the wealth management division with CBA and MLC as well as other senior leadership roles with Lendi Group and National Australia Bank (NAB).

Mr Boddy commences his new role as CFO on 6 March 2023 and will be replacing MA Financial’s current CFO, Graham Lello, who announced his resignation after a five-year tenure with the group in October 2022.

MA Financial Joint CEOs Julian Biggins and Chris Wyke commented on Mr Boddy’s appointment: “Giles is a seasoned financial executive with extensive experience in ASX-listed companies developing financial strategies for business growth, whilst also driving cost management initiatives.”

“His strategic approach, strong stakeholder management skills and expertise in financial markets will be invaluable as we continue to grow MA Financial and look for new opportunities. He has a strong track record and is an excellent addition to our leadership team.”

Mr Boddy stated he is excited to be joining the Group’s team as the business goes “from strength to strength” and looks forward to working with the group on its next phase of growth.

MA Money rebrands

Following an acquisition by MA Financial last year, non-bank mortgage lender MKM Capital unveiled a new name and branding to more closely align with its new parent company.

MKM Capital revealed that it would be known as MA Money as of 2 November 2022.

MA Money’s national sales manager Melanie de Jager commented at the time that the business offering “had undergone significant change” since its acquisition by MA Financial.

“We believe the new brand better reflects the next evolution of the business and our commitment to being the lender of choice for brokers and their customers,” Ms de Jager said.

“Becoming part of MA Financial has been exciting for MKM, which has been providing Australian borrowers with tailored home loan solutions since 2004.

“As MA Money, we will be capitalising on MA Financial’s funding firepower and technology capabilities to become a lending partner of choice for brokers and their customers.

[RELATED: Non-bank lender rebrands following acquisition]

 

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