Specialist lender marks 18th anniversary with leadership changes
Self-employed specialist lender RedZed has appointed founder Evan Dwyer (pictured above) as its new executive chairman.
Dwyer, who established RedZed in 2006, served as its managing director until 2023 before transitioning to an executive director role. Prior to this, he served as managing director of GE Money Broker Solutions and corporate banking and finance solicitor at international law firm King & Wood Mallesons.
Dwyer succeeds Tony Nunan, who played a pivotal role in RedZed’s growth, including launching the company’s securitisation program and scaling its operations. In a statement, Dwyer acknowledged Nunan’s significant contributions to the company.
“There is a reason we named the boardroom after Tony,” he said. “He taught us the importance of supporting the self-employed, especially in challenging times. Under his leadership, we’ve serviced nearly 25,000 customers and recently reached $10 billion in loan originations — an achievement that stands as a testament to his impact.”
Dwyer expressed enthusiasm for his new role and reaffirmed RedZed’s commitment to its niche market of self-employed borrowers. He highlighted the strong leadership of Calvin Cordle, the current managing director, and the shared vision for the company’s future.
“Calvin and I are focused on driving RedZed’s growth by continuing to support Australia’s small business owners,” Dwyer said. “Our mission remains unchanged: to make decisions that serve the best interests of the self-employed and the brokers and aggregator partners who work with us.”
The leadership transition coincides with RedZed’s 18th anniversary, which Dwyer described as a pivotal moment for the business. He emphasised the company’s strategic discipline in maintaining its focus on the self-employed sector rather than diversifying into other markets.
“We believe staying committed to this core market is the best way to create meaningful impact,” he said.
As part of the leadership changes, Justin Nunan, a senior manager at AustralianSuper, has joined RedZed’s board, replacing Tony Nunan as a director.
“Justin brings extensive expertise in capital markets, which are crucial to funding our customers,” Dwyer said. “His integrity, knowledge, and enthusiasm will be invaluable as we move into our next phase of growth.”
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