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Non-bank boss steps down following merger

25 November 2016
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The managing director of RESIMAC, Warren McLeland, has stepped down from his role just weeks after the company’s merger with ASX listed non-bank lender, Homeloans group.

It has been announced today that while Warren McLeland will step down as managing director, he will continue his work through his role as non-executive director, representing “the interest of our largest shareholder, Somer Limited”, of which Mr McLeland is chairman.

“The board would like to acknowledge Warren's 18-year service leading the organisation," said Robert Scott, chairman.

“He has consistently maintained RESIMAC's strong credit rating, while overseeing growth, culminating on our recent successful merger.”

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Scott McWilliam and Mary Ploughman have been appointed joint chief executive officers, while Ian Parkes will continue as chief financial officer.

More to come.

[Related: Bermuda-based fund manager to control mortgage supergroup]