Former Bluestone executive Royden D’Vaz has joined Loan Market as its new state director for Western Australia.
Mr D’Vaz, who was national head of sales and marketing for Bluestone for five years before his departure in December 2019, will now work directly with brokers to support their business goals as Loan Market group’s new WA state director.
Loan Market’s previous WA state director, Ken MacLennan, will remain in the group but move across to join sister company Ray White, working in the office in Mirrabooka.
Mr D’Vaz has more than 25 years of experience in finance, including as WA/SA state manager for the broker channel at NAB.
As a Perth local, Mr D’Vaz said he was thrilled to be working closely with WA brokers to help them navigate through a period of regulatory and market change.
Mr D’Vaz commented: “I’ve always been passionate about supporting the broker channel and the value brokers provide in the marketplace.
“I’m very excited to now be working shoulder-to-shoulder with brokers in their businesses at a time when there are both significant opportunities as well as immediate challenges ahead,” he said.
Noting the incoming best interests duty, Mr D’Vaz called out the preparations Loan Market was making to prepare, with particular regards to their technology offering: “Globally, there are inherent challenges at the moment, and I’m committed to helping Loan Market’s brokers through this period so they can be even stronger once the climate normalises and we start to reframe ‘business as usual’.”
Loan Market’s executive director of network success, Andrea McNaughton, welcomed Mr D’Vaz to the network, stating: “Royden has been a prominent member of WA’s broker market for more than two decades.
“He has a strong understanding of the business community and markets in WA and an infectious energy that will support brokers through the forthcoming industry adjustments.”
Mr McNaughton also thanked Ken MacLennan for his “valuable contribution to the Loan Market network in WA” and said she looked forward to “seeing him drive loads of leads back to our network members in his next chapter at Ray White”.
[Related: Lender farewells head of sales, appoints CCO]