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The SME lender has welcomed a new head of product and confirmed its sales director, Kristian McCausland, has left the company.
Non-bank lender Shift has appointed a new head of product - welcoming Alistair Lamond to the position of head of product last week.
Lamond - who was most recently the head of product at SME lender Octet - has extensive experience in the SME finance space, having helped build the product suite at Judo Bank between 2019-2024 and having co-founded former cash flow management fintech Skippr (later turned into an invoice finance platform and sold to CML Group).
He takes over the position left vacant by Mathew Parsons, who left Shift last year to join Lendi Group as its general manager for products and partnerships.
Welcoming the new hire, Shift noted Lamond’s experience in building-out lending products, “scaling his own business and working with finance and technology companies in Australia and the United Kingdom”.
Frank Sterle, the chief operating officer at Shift, said the appointment came at “a period of growth for Shift”.
“Our focus has always been on differentiated products, tailored to suit the broad needs of Australian businesses. We welcome Alistair to the team as we continue to build products that help brokers guide their clients through the challenges and opportunities of a dynamic economic climate,” Sterle told The Adviser.
Speaking about his new role, Lamond commented: “I’ve been in and around fast-growing fintechs and banks for over 15 years. I’ve admired Shift’s journey to date and their strong focus on using data and digital solutions to solve problems for small businesses and brokers alike.
“I look forward to working with the Shift team and the broker network to foster growth and prosperity for small business,” he said.
Director of sales departs
While Shift has welcomed its new head of product, it has confirmed that its sales director, Kristian McCausland, has left the company. He finished up in his role on Friday (9 May).
McCausland first started at Shift in 2019 (when it was called GetCapital) as its head of asset finance before becoming sales director in 2020.
While the reason for his departure has not been made public, his LinkedIn profile has been updated to reflect that he is on a “career break”.
Sterle told The Adviser: “Kristian has been a valued member of the Shift team and contributed to the growth of our broker network.
“We wish Kristian all the best for the future.”
Andrew Wagg, Shift’s head of broker sales, will continue to lead the lender’s national broker team.
[Related: Shift unveils full product digitisation but remains focused on brokers]
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