Non-bank lender Homeloans Ltd has announced that its chief financial officer, Ian Parkes, has resigned.
Ian Parkes joined Homeloans in 2012, after moving from his role as head of finance, private banks, within BT Financial Group, a member of the Westpac Group.
He has more than 20 years’ senior finance experience within the banking sector, including over 10 years with St George Bank.
The company said that he had been a “key contributor” to the merger between RESIMAC Limited and Homeloans, and he played an integral role with the company’s executive team in delivering on the group’s strategic agenda, in addition to maintaining strong financial control.
The board and management acknowledged and thanked Mr Parkes for his contribution to the business.
Scott McWilliam, co-chief executive officer of Homeloans, commented: “Ian leaves a well-integrated business post-merger and we wish him a successful future as he pursues other opportunities.”
Homeloans revealed that, with immediate effect, Matthew Hillier, Homeloans’ general manager, finance, will lead the finance function of the company until a replacement is found.
The company said that the recruitment process will consider both internal and external candidates.
Homeloans has been through a period of change recently. Last year, the co-founder of the non-bank mortgage provider, Robert Salmon, retired from the board, 32 years after establishing the company, while Chum Darvall took over the helm as chairman from Robert Scott. It was also announced that its general manager of branded partnerships, Ray Hair, had left to assume a new role at the Local Financial Group.
[Related: ‘End of an era’ for Homeloans Ltd]
The CEO of Newcastle Permanent has said the lender will continue ...
The customer-owned bank has released a cashback offer for new and...