It names three new BDMs as broker demand surges
Non-bank lender Bridgit has announced an expansion of its state-based distribution team, following a significant rise in business growth and demand with the company reporting a more than 375% year-on-year increase in broker applications at the start of the new financial year.
The expanded team, the lender said, will provide more targeted, localised support to its network of over 9,000 accredited brokers across various states. Bridgit has added three new state-based business development managers (BDMs), doubling its team to meet the growing demand.
Jolene Farrow (pictured above centre) has been appointed as Queensland BDM, based in Brisbane. Farrow brings experience from WLTH, Loan Market Group, and St George Bank.
Matthew Pride (pictured above left) has been named Victorian BDM, based in Melbourne. He previously worked at ALI Group, Virgin Money Australia, and NAB.
Lili Barron (pictured above right) has been appointed as New South Wales BDM, based in Sydney, having joined from Deposit Power with prior roles at ME Bank and Better Choice Banks.
The new hires will join the existing distribution team, which includes Nik Thurgood, appointed earlier this year as senior business development manager, and Michael Balshaw, regional director for Victoria, South Australia, and Western Australia.
“The role of a broker has arguably never been more important for Aussie homeowners navigating today’s competitive market,” said Stephen Doyle (pictured right), head of distribution at Bridgit. “With houses being listed on market for as little as 33 days in some states, it has become increasingly difficult for many homeowners to take their next step.
“As our accredited broker network continues to expand and our volume of enquiries and demand increase, we are delighted to be scaling Bridgit’s distribution capability to match growing demand. By expanding our state-based distribution team, we can provide tailored, on the ground support that reflects the nuances of each area to our accredited broker network. This local expertise and support can be the difference between homeowners securing their next property or losing out.”
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