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Lender appoints new CEO

by Staff Reporter7 minute read
The Adviser

Staff Reporter

Homeloans has appointed a new chief executive officer.

Last week, the non-bank lender appointed Scott McWilliam to the role. Mr McWilliam succeeds the current chief executive, Tim Holmes, who will resume the role of non-executive chairman of Homeloans.

“Scott joined Homeloans in July 2003 and over the past nine years he has been an integral part of the company’s executive team,” Mr Holmes said.

“Since his appointment to the position of chief operating officer in July this year, Scott has proven to be an excellent leader and has impressed the directors with his abilities.”

Mr Holmes worked closely with McWilliam in his role as chief operating officer and mentored him for the role of chief executive.

“I now feel that the board can confidently appoint him to the position of CEO,” Mr Holmes said.

“He has a thorough understanding of our business and has played a vital role in developing growth strategies and promoting the brand across numerous channels. Indeed, he was a fundamental part of the Refund Home Loans acquisition.”

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