Powered by MOMENTUM MEDIA
the adviser logo
Borrower

Pepper Money appoints new MD for Australian mortgages

by Reporter5 minute read

Leading mortgage provider Pepper Money has appointed Mario Rehayem, the company’s former director of sales and distribution, to the newly created position of managing director - Australian mortgages and personal loans. 

Effective from 1 October 2016, Mr Rehayem will assume responsibility for the day-to-day management of all residential mortgage and unsecured personal lending in Australia from co-group CEO Patrick Tuttle.

To continue reading the rest of this article, create a free account
Already have an account? Sign in

The position has been created following “strong growth” of Pepper’s Australian residential mortgage business through the broker channel, and “exceptional results” across Australia, Europe and Asia.

Mr Tuttle, who was previously responsible for the Australian mortgage business, will now focus on the strategic and operational growth of Pepper’s lending businesses in Australia, Europe and Asia.

Advertisement
Advertisement

Bernie Campbell, managing director - asset finance, will remain responsible for the secured auto and equipment finance business, and both he and Mr Rehayem will continue to report to Mr Tuttle in his capacity as co-group CEO.

“The continuing strong growth of Pepper’s Australian residential mortgage business driven by our diversified distribution across the mortgage broker, white label and direct-to-consumer channels has created an opportunity for us to appoint a dedicated managing director for Australian mortgages and personal loans, Mr Tuttle said.

“Mario has been a driving force behind the significant growth in Pepper’s Australian mortgages business, particularly over the past three years. Through the successful development of strong working relationships with the large aggregator groups and our white label partners, Mario has built one of the best B2B mortgage sales teams in the country.”

Meanwhile, Mr Rehayem said the introduction of the new role “reflects Pepper Money’s commitment to continuing to provide the Australian lending market with the best service and product offerings”.

“It’s exciting to be at the helm, working with Patrick and Mike [Culhane, founder, co-group CEO and director of Pepper], as we prepare for the launch of our personal loan offering, I look forward to continuing the growth in the Australian business,” he said.

[Related: Pepper rebrand a boon for brokers]

  

Pepper Money appoints new MD for Australian mortgages
default
TheAdviser logo
default

JOIN THE DISCUSSION

You need to be a member to post comments. Register for free today

MORE FROM THE ADVISER

sam jolley elders ta iwsfut

Elders welcomes 1st national growth and asset finance manager

Elders Home and Commercial Finance, the independent broking arm aligned with the real estate network of Elders Ltd,...

READ MORE
rael ross butn ta rerexr

Butn achieves record originations in July

Cash flow financier Butn has released a trading update, revealing that its 2023 financial year commenced with a new...

READ MORE
daniel tuttlebee resimac asset fInance ta l27zun

Resimac takes controlling stake in Sonder

Resimac Asset Finance has expanded its acquisition stake in equipment finance business Sonder Equipment Finance...

READ MORE
magazine
Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
Read more