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The Lendi Group will welcome a new C-level executive at the end of the month, filling the void left by former co-founder and chief executive officer of platform, Mark Kalajzich.
Zip Co’s chief product officer, Travis Tyler, will join the Lendi Group at the end of the month as its new chief product officer (CPO). In his new position, he will be charged with growing Lendi Group’s customer, product and innovation agenda.
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Mr Tyler has more than 20 years of banking experience — including at St George Bank (where he was head of eChannels) and Westpac (where he was general manager, consumer digital and head of mobile).
He was also a founding member of digital bank 86 400 (before its acquisition), where he was chief product and marketing officer.
Mr Tyler will begin his new role with the Lendi Group on 30 January, reporting to Lendi Group’s CEO David Hyman.
He takes over responsibility for the broking group’s platform business from Mark Kalajzich, who had previously headed up the platform division business and left the group at the end of last year.
Mr Tyler will also work alongside Lendi’s chief operating officer, Martin Lam, who has announced his resignation but is remaining with the group until 30 June in order to oversee the transition of Aussie brokers to Lendi’s home loan platform, which began late last year.
Speaking of the new appointment, Lendi Group CEO David Hyman acknowledged Mr Tyler’s “wealth of knowledge and leadership”.
“As a group, our mission is steadfast and unchanged in that we are committed to changing the way Australians experience property lending,” he said.
“This involves a growing and heavy investment in both product innovation and technology in order to cement our unique position in market, transforming lending for both customers, our brands and our brokers.”
The incoming CPO said: “Lendi’s industry-leading technology has nearly a decade of growth, being one of the original disruptors in the banking and finance industry.
“Now the group is entering an even more exciting phase, continuing to pave the way for lending simplicity in Australia.
“The evolution of the Lendi technology is creating a home loan platform that not only best serves customers but will also continue to evolve the way brokers do business both now and into the future.”
The first swathe of Aussie brokers has begun migrating onto the Lendi platform — currently being used by the group’s Lendi and Domain Home Loan brands — as the group ramps up its move to an omni-channel offering.
The first cohort of brokers completed a successful transition during the launch phase, and around 200 Aussie brokers and staff each month will continue to transition from February.
The technology transition, which was a centre point of focus for the basis of the Aussie-Lendi merger (with Lendi having reportedly spent “millions” building its systems), aims to unlock productivity gains for brokers across the group.
Coupled with shared services, the platform will power over 1,300 brokers across its three brands: Lendi, Domain Home Loans and Aussie.
The transition is on track to be completed in 2023.
[Related: Aussie brokers begin transition to Lendi Platform]
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