ISCOVER
The non-bank lender has bolstered its leadership team with two strategic hires in construction and credit.
Assetline Capital has made two senior appointments to its construction and credit teams in a move the non-bank lender said signals its continued growth and broker-first strategy.
Davide Bini was announced as general manager – development finance, bringing over 20 years of experience in structured property lending and development finance.
Bini was most recently at financier and investment manager Pallas Capital, focused on AD originations. He has also had spells as a relationship director at St.George Bank, as a senior private banker at Westpac, as an executive manager at Commonwealth Bank (CBA), and as a senior relationship manager at National Australia Bank (NAB).
Assetline said Bini’s expertise and broker relationships will drive the expansion of the firm’s construction and development loan offerings, a focus area for the business.
The lender, which is part of asset manager the AltX Financial Group, has also recruited Adam Daniels as head of credit.
Daniels has over 25 years’ experience in the financial services industry, including at major banks NAB, CBA, and Westpac, along with a stint at AMP Bank and more than a decade at Macquarie Group. He was most recently head of lending Australia at non-bank lender Resimac.
The new head of credit will oversee the credit strategy and policy framework across Assetline’s full range of lending products.
Assetline said Daniels’ appointment will play an important role in the company’s responsive credit decisions and risk management.
Nick Raphaely, AltX Financial Group’s co-CEO and co-founder, welcomed the two new recruits to the company.
“Both Davide and Adam bring outstanding industry knowledge and leadership capability,” he said.
“Their appointments reflect our continued investment in strengthening our business to better support brokers and their clients with fast, flexible, and reliable lending solutions.”
The two appointments follow a period of change at Assetline. In September, it expanded its sales teams in NSW and Victoria, before launching new products in November, and joining Specialist Finance Group’s (SFG) lending panel in March.
“Assetline remains focused on service, speed to market, and product innovation – core pillars of our broker-first approach. Having access to a non-bank lender like Assetline, which has a wide product offering and an experienced team on hand, can be the difference between getting the deal or losing it,” Raphaely finished.
[Related: Assetline Capital joins SFG’s lending panel]
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