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Finance brokerage appoints new interim GM

by Ezekiel MacNevin4 minute read

A leading finance broking firm has appointed business consultant Michael Trencher as its interim general manager and business coach.

Astute Ability Finance Group has announced the appointment of mortgage and finance business consultant Michael Trencher as the firm’s interim general manager and business coach. 

Mr Trencher, who has more than 17 years of experience in strategic leadership of national distribution teams and was previously head of broker distribution at Heritage Bankhas been engaged for a six-month term to review the group’s operations and devote more time to financial services industry projects of “social benefit”.

Mr Trencher will be based at Astute Ability’s NSW Central Coast headquarters for two to three days a month, after which he will work with the Astute team remotely over the six-month period. 

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During this time, he will conduct his review of the asset finance group while overseeing operations. 

Mhairi MacLeod, founder and principal of Astute Ability Finance Group, noted Mr Trencher’s experience, commenting: “Not only will Michael be using his considerable expertise to review and refresh our operations, but in his capacity as general manager, he will enable me to step back from running Astute Ability and devote more time to some very important outside projects.”

Ms MacLeod has previously launched financial education programs for children and is set to launch a digital corporate social responsibility program for the finance broker industry later this year.

Ms MacLeod added: “As the financial services sector enters a new dawn post the Hayne royal commission, there is an untapped demand and potential to build new and meaningful sector brand equity while at the same time generating new, unprecedented levels of social impact.”

Meanwhile, Mr Trencher commented: “I am looking forward to this opportunity at Astute Ability.

“I have known Mhairi for several years and she is a highly successful business operator. My involvement gives her the chance to reset herself and also focus on some big-ticket items related to her business.”

In August of 2018, Mr Trencher departed Heritage Bank to set up his own business, Impact Consulting Australia, as a business coach and consultant and was appointed to Trycall’s board of directors earlier this month.

[Related: Social responsibility to be embedded in broking courses]

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Ezekiel MacNevin

Ezekiel MacNevin

AUTHOR

Ezekiel is a journalist on the mortgages, property investment and wellness titles at Momentum Media. 

Before joining the team in 2019, he was a freelance journalist for Vice Australia, Pulse Radio and the Sydney-based travel publication Global Hobo, among others. 

Ezekiel studies a double Bachelor of Communications and International Studies at the University of Technology, Sydney.

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