The expansion is in line with its stellar loan book growth
Hobart, Tasmania-based MyState Bank has announced the appointment of Melanie Kafka (pictured) as its new regional manager for NSW and ACT. She is a recognised leader across the third-party broking industry who brings extensive experience in aggregation and sales distribution mortgage to the bank’s 15-strong broker distribution team.
“Melanie is a highly skilled, senior financial services executive who has been a respected member of the broking community for more than 25 years,” said Blake Albones, MyState Bank head of lending distribution.
“We’re excited to have her working with us supporting the business, brokers and our customers.”
The appointment marks the bank’s continuing investment in broker partner networks on the mainland following reports of steady growth in its mortgage business, including loan book growth of 10.6% to $6.1 billion during the first half of the current financial year and $2.5 billion worth of loan applications received in the same period – a 117% increase from the period prior.
“[We] are on track to achieve record results in the current half. This success is only possible with the support of our brokers and I would like to thank them for their ongoing commitment to our brand,” Albones said.
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MyState has also announced planned future initiatives to strengthen its affiliation with broker partners. Its regional roadshow will be touring across NSW. This will be followed by metropolitan roadshows in Sydney and Melbourne.
It has also revamped its popular ‘MyKnowledge’ broker webinars for 2022, which help brokers broaden their knowledge of MyState Bank products and services.