ALI Group has announced the appointment of a third-party veteran to its board as a non-executive director.
Former Mortgage Choice chief executive Michael Russell brings a wealth of knowledge to the board, having previously held senior executive positions at ANZ, National Mutual Royal Bank and Choice Aggregation.
“I have long believed in the value of loan protection – both for borrowers and mortgage brokers,” Mr Russell said.
“I have also seen ALI remain loyal and dedicated to the industry and supporting brokers for over 10 years.
“In the past two years, ALI has grown significantly as they have more strategically engaged and integrated with all the key groups. I am excited to join the board at this time and look forward to contributing to the organisation’s growth and development over the coming years.”
ALI Group's CEO, Huy Truong, said he is excited to have someone as passionate and distinguished in the industry as Mr Russell join the ALI Group board.
“ALI is all about supporting brokers to protect their clients. Michael’s extensive experience in the mortgage broking industry coupled with his strong belief in brokers protecting their clients perfectly complements ALI’s mission to ensure all borrowers are protected,” Mr Truong said.
“We look forward to Michael’s guidance and insights to help ALI become even better at supporting the industry."
Mr Russell last month joined the board of directors of National Property Buyers.
[Related: Third-party veteran joins property group]
James Mitchell has over eight years’ experience as a financial reporter and is the editor of Wealth and Wellness at Momentum Media.
He has a sound pedigree to cover the business of mortgages and the converging financial services sector having reported for leading finance titles InvestorDaily, InvestorWeekly, Accountants Daily, ifa, Mortgage Business, Residential Property Manager, Real Estate Business, SMSF Adviser, Smart Property Investment, and The Adviser.
He has also been published in The Daily Telegraph and contributed online to FST Media and Mergermarket, part of the Financial Times Group.
James holds a BA (Hons) in English Literature and an MA in Journalism.
The share of new loans approved with an LVR greater than 80 per c...
More than a quarter of the $4.19 billion dollars of bank fees cha...
Peer-to-peer lender RateSetter has announced that it has dropped ...