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FBAA appoints new board member and state presidents

by Hannah Dowling5 minute read

The broking association has announced its board members for 2020 team and appointed two new state presidents.

The Finance Brokers Association of Australia (FBAA) has announced its 2020 board members, state presidents, vice presidents and councillors, including the addition of a new member to the board.

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FBAA board members

The appointments were officially made at the recent annual general meeting, in which Australian Finance Aggregation director Angelo Lauro was appointed as a new board director.


Mr Lauro previously served the FBAA from 2013 to 2015 as a Queensland council member.

Peter White will continue on the board as managing director, having also been granted a lifetime membership to the FBAA at the FBAA Conference earlier this year.

Tony Carter has been reappointed as chairman, and Chris Szigeti as vice chairperson and DRS chair. 

Kim Szigeti has been reappointed as company secretary, while Rick Nieuwenhoven, Steve Rasmussen and Angus Gilkeson are due to remain directors on the board.

However, there has been no indication that Jan Kirstein and John Mulcair will be returning to their positions as directors.

Announcing the board, Mr White said: “This is a team who understands our members and their needs because they are all successful brokers themselves. 

“Our newest member, Angelo Lauro, will slot in with ease after many years of broking in the motor sector and his involvement with various committees.”

FBAA state presidents

As well as revealing the 2020 board, the FBAA has also appointed two new state presidents.

Nick Wormald, associate director at business finance specialist Grow Capital, was named as the new state president for NSW, while Melbourne-based Loan Market broker Bernard Desmond was appointed state president for Victoria.

All other state presidents are due to continue in their existing roles: Liberty Financial’s sales manager Christine Green in Queensland; Provident Lending & Business Solutions’ business and finance manager Trent Carter in Western Australia; and Finance Opportunities director Joff O’Shannessy in South Australia.

Mr White said the industry continues to evolve, and the expansion of online options, as well as increased scrutiny following the royal commission, will present plenty of challenges to the industry.

“I am proud that the FBAA was born over 26 years ago as a grassroots, member-focused organisation that understands the needs of members, and I can assure all members that, as your board, we are committed to serving you and championing your needs in the years to come,” he said.

[Related: FBAA calls for credit policy overhaul]

FBAA appoints new board member and state presidents
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Hannah Dowling

Hannah Dowling


Hannah Dowling is a journalist for The Adviser and Mortgage Business.


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