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Brett Thomas will take the position as CEO at Dynamoney. He brings 25 years of experience in commercial lending to the role.
Thomas previously held the position of managing director ANZ at Wells Fargo. He was at the company for a decade. Prior to that he spent 16 years at GE Capital as a commercial leader.
In his new position at Dynamoney, Thomas will be tasked with continuing strong growth. In the last 12 months, the business lender has increased its loan books by 50 per cent.
Commenting on the appointment, Thomas said he will focus on innovating product and process to help support both brokers and borrowers.
“I am thrilled to be joining Dynamoney at such an exciting time in its journey. The business has a strong foundation, a talented team and a clear purpose in supporting the growth of Australia’s small and medium-sized businesses,” Thomas said.
He said Dynamoney is “laser-focused” on being the first choice lender for SMEs, leveraging relationships and technology to meet these goals.
Interim CEO and executive chairman at the lender, Greg Woszczalski said the appointment of Thomas represents a “significant milestone” and will help to grow Dynamoney’s national footprint.
“The commercial lending market continues to be reshaped, with alternate, specialist lenders disrupting the status quo by offering more tailored and flexible funding sources. Brett brings the expertise, leadership and industry knowledge needed to take advantage of this disruption and guide the business through its next phase of growth,” Woszczalski said.
“We see significant opportunities to further expand our breadth of clients, grow our lending footprint and position our product offering to support even more Australian SMEs.”
[Related: Which lenders proved the most popular for commercial brokers?]
