AMM reshuffles leadership team

Mr Dalton previously served as the company's chief operating officer and will take on the new role to help transition the company through the next phase of its development.

The company has noted that the realignment and expansion of its leadership roles would help it “better utilise the considerable skill sets embedded in the business”.

“Mr Dalton brings a wealth of experience in managing operating businesses to the role of managing director from his time at Australian Mortgage Securities, along with his substantial experience in the area of responsible lending and mortgage industry compliance and legislative frameworks,” the firm said in a statement. 

AMM has also announced that its CEO, Graham Andersen, will be transitioning to the role of executive chairman in order to “concentrate on the company’s overall strategy” and help the firm pursue its mortgage funding plans through both banking and capital markets. 

“Mortgage funding is now a primary focus of Australian Mortgage as the company has completed development of its intelligent credit and servicing system such that the company can now originate, approve and service mortgages,” the firm added. 

[Related: Bank MD steps down, replacement appointed]