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Loan Market Group has announced the appointment of a new CEO. Ewen Stafford will head up the aggregator as executive director and CEO, effective immediately.
Stafford will be pivotal in shaping the ongoing strategy for LMG, with hopes of expanding broker support, investing in tech, and promoting growth and scale.
He served as executive director and chief operating officer in 2022 and was a non-executive director between 2015 and 2018. He will now head up the residential, commercial, and asset finance aggregation business.
David McQueen will continue as CEO of Loan Market to drive the brokerage arm of the business.
The leadership team largely remains unchanged, with Rob Thomas continuing to lead LMG residential, Steve Scahill holding onto commercial finance and state director, NSW/ACT, and Tom Caesar leading asset finance.
“LMG has always been about helping brokers grow, and that’s exactly where my focus will be,” Stafford said.
“This builds on everything we’ve been working towards – expanding the opportunities for brokers across residential, commercial, and asset finance, while continuing to invest in the best tech, security and support. We’re pushing the boundaries and continue investing in what matters most to brokers – so they’re set up to win, now and in the future.”
Sam White will continue his role as executive chairman. Speaking on the announcement, he said the appointment will help promote broker support.
“Ewen has been at the heart of shaping Loan Market Group’s strategy, and now, as executive director and CEO, LMG, he’ll ensure we keep accelerating, investing in the right areas, and delivering more ways for brokers to grow,” said White.
“Last year, we set out to clarify Loan Market and LMG as distinct businesses, designed to better serve brokers. Appointing Ewen as CEO of LMG is the next step in that vision – ensuring brokers have the focus, leadership, and support they need to grow outstanding businesses.”
