Main non-bank lender Banjo Loans have introduced the appointment of Paul Pesavento (pictured) as its new Chief Monetary Officer in a serious boon for Australia’s main non-bank lender.
Pesavento boasts greater than 30 years’ expertise inside fintech improvement, forecasting and knowledge technique, in a profession which has spanned each the massive financial institution and non-bank lender sectors.
With expertise at Leda Common, Moula and NAB Pesavento brings a contemporary perspective to the management of Australia’s largest non-bank lender.
Banjo Loans Chief Govt Officer Man Callaghan stated he’s keen about what Paul Pesavento will carry to the enterprise from a monetary operations perspective.
“Paul brings a wealth of expertise to this position, having held a number of senior management roles throughout a variety of extraordinarily well-regarded organisations,” Callaghan stated.
“We’re actually excited to have Paul be a part of the staff and we’re assured he’ll open up some actually thrilling markets and expose Banjo to plenty of new alternatives.”
“By way of his work throughout a number of sectors, Paul brings the essential capacity to assist small to medium sized enterprises as they navigate the challenges that operating a enterprise has to supply.”
Because the Banjo Loans CFO, Pesavento will likely be accountable for enterprise main funding and financing selections, serving to take away roadblocks for small companies to achieve their enterprise targets.
Pesavento stated he was excited concerning the alternative and is enthusiastic about rising applied sciences, Fintech and AI.
“It’s extremely essential for workplaces to embrace new applied sciences and use them for productiveness profit,” Pesavento stated.
“Banjo is the right place to harness my earlier expertise and I’m extremely excited to work with so many visionary small to medium sized companies.”
Paul’s appointment comes after the current departure of Andrew Fitzpatrick, who was CFO for 5 years and led the enterprise by way of numerous initiatives, together with:
- Establishing a securitised warehouse with a serious monetary establishment
- Ongoing parameter management with Banjo debt funders
- Ongoing enterprise monetary forecasting and planning situations
“Andrew did a unbelievable job for Banjo throughout a excessive interval of development for the enterprise and whereas we’re unhappy to lose him we want him all the very best on his subsequent journey,” Callaghan added.
