Latitude Financial Services announces two new Board members

Latitude Financial Services, a leading consumer finance business in Australia and New Zealand, has announced two new Non-Executive Directors to join its Board.

Mark Joiner and Alison Ledger are the two new independent Board members, with both having vast experience in corporate and financial services.

Mark's current board commitments are with NAB's asset management business and the Australian subsidiaries of the QBE Group. Previously, he served as NAB's Chief Financial Officer and as Executive Director, Finance and Executive General Manager – Strategy. Before his ten years with NAB, he spent several years in the US working with Citigroup. Mark has an extensive and impressive career as a management consultant with The Boston Consulting Group over a 15-year period working in both Australia and the US. Mark is also a Chartered Accountant and has an MBA from Melbourne Business School.

Alison brings a wealth of experience from her roles across Australia, the United Kingdom and USA. She is currently a Director with Arlington Capital, a Non-Executive Director with Countplus Limited and has recently served as an Executive Director of IAL Life. Alison spent close to a decade with Insurance Australia Group (IAG) in a number of senior management roles, including Head of Group Strategy and Executive General Manager, Product, Pricing and eBusiness. She also worked as a Partner with McKinsey & Company in the UK and Australia. Alison began her career as a banker and holds an MBA from Harvard.

Mike Tilley, Chairman of the Latitude Financial Services Board, said he was excited that Mark and Alison would bring new and fresh ideas to a company which is already so focused on delivering innovative alternatives to the financial services sector.

"Alison and Mark both add the ability to innovate and think outside the square, which will further assist in our quest as challengers who offer and provide greater choice to our 2.5 million customer across Australia & New Zealand."

Latitude's CEO, Sean Morrissey, said: "Latitude is very pleased to add two outstanding independent members who bring vast experience and knowledge to our Board."

About Latitude Financial Services

Latitude Financial Services is a leading consumer finance business in Australia and New Zealand, offering 2.5 million customers a broad range of finance products including personal loans, credit cards, insurance and interest-free promotional and retail offers. Across Australia and New Zealand, the business currently employs more than 2000 staff and services its customers through a network of retailer partners, brokers, phone and the internet. The company offers a full suite of financing solutions for retail partners, managing credit applications, credit authorisation, billing, remittance and customer service processing. Its products include Gem Visa, GO MasterCard and 28 Degrees Platinum MasterCard.

Media contact

Anthony Spargo
Anthony.spargo@latitudefinancial.com
+61 414 107 591