Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

AFG appoints chief executive officer

david bailey david bailey
Reporter 4 minute read

The board of aggregator AFG has announced that David Bailey has been appointed as the company’s chief executive officer.

Mr Bailey had been acting as interim CEO since former CEO Brett McKeon stepped down from his full-time executive role in March.

The new CEO has been with AFG for more than 13 years and had previously held the roles of chief financial officer and chief operating officer.

Mr Bailey has had direct responsibility for the company’s business development, strategy and finance operations as well as leading the AFG Home Loans business and securitisation programme.


According to AFG chairman Tony Gill, Mr Bailey was identified as the “preferred candidate” following a review of the market.

Mr Gill commented: “David’s skills and background are ideally suited to the role of AFG CEO.

“Importantly, having worked closely with our former CEO Brett McKeon (both prior to Brett stepping back and also since David’s appointment as interim CEO), he is well known to AFG’s brokers, business partners and shareholders.”

Mr Gill concluded: “David has been very effective in the interim CEO role and the board looks forward to the ongoing growth of the company as David and the AFG executive team work together to maximise the opportunities for the business.

Speaking of his appointment, Mr Bailey said he was “delighted to have been affirmed in the role,” adding: “AFG is a great Australian success story. We have a fantastic culture, breadth of market reach, deep capability and a focused strategy that has driven our success.


“We are in an exciting and important phase of AFG’s development and I look forward to steering AFG further down the path of diversified growth whilst also ensuring the core broker proposition of choice, competition and strong consumer outcomes is maintained.”

[Related: Aggregator asks regulator to ‘watch’ big banks]

AFG appoints chief executive officer
david bailey
TheAdviser logo

The not-to-be-missed Accountants Daily Strategy Day will travel through Melbourne and Sydney in August to equip accounting professionals with the latest industry updates and tips for modern practice management as well as the latest cutting-edge technology, processes, strategies and trends shaping the future of accounting. Visit the website for more information: www.accountantsdaily.com.au/strategy-day

david bailey


more from the adviser
damian zaleski RYyr k3Ysqg unsplash

Breaking News

GetCapital launches broker platform

The business lender has rolled out a new broker platform, as it h...

fixed rate

Breaking News

Loyalty tax issue flagged to MPs

Brokers are key to holding lenders to account to ensure borrowers...

trade deal contract

Breaking News

Connective launches trail book marketplace

The aggregation group has announced a new arrangement with a spec...