The SME lender has announced that it has hired its first general manager to head up operations in New Zealand.
Prospa announced that it hired Resimac’s general manager of mortgages New Zealand, Adrienne Church, to head up Prospa’s growing presence in New Zealand.
Ms Church has more than 18 years of experience in the financial sector in both Australia and New Zealand, having previously worked for Genworth Financial and Pacific Home Loans/Mortgage Link, and was most recently general manager for mortgages in New Zealand at Resimac.
In her previous role at Resimac, Ms Church set up the New Zealand branch for the Australian home loan lender and delivered “significant growth for the business”, Prospa said.
Co-founder and joint CEO Beau Bertoli said Prospa was “thrilled to have Adrienne leading [its] New Zealand operations”. He said Ms Church’s experience, market knowledge and “passion for supporting small business” made her “the clear choice to head up [the] team” in New Zealand.
Prospa first launched into the New Zealand market with a pilot program in August 2018.
Effective immediately, Ms Church will be based in Auckland and will be responsible for delivering small business cash flow products and services for the fintech lender in the New Zealand marketplace.
Speaking of her new role, Ms Church commented: “There is an enormous opportunity for Prospa to transform the way small business owners in New Zealand experience finance and I’m excited to be part of this.
“I’ve been blown away by Prospa’s technology, culture and commitment to delivering amazing customer experiences. I’m really looking forward to this next chapter of my career.”
According to a recent economic impact assessment, undertaken by Prospa in partnership with RFi Group and the Centre for International Economics, the small business lender has lent almost $920 million to more than 18,000 Australian business since 2012.
According to the research, the lender has therefore contributed $3.65 billion to nominal Australian GDP, resulting in more than 52,000 annual full-time positions being maintained over the past five years.
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