RateSetter bolsters senior executive ranks

appointed head of RateSetter board

We are excited to announce we have bolstered our senior executive ranks in Australia following the appointment of Andrew Jones as Head of Business Development.

Andrew Jones

Andrew joins us from investment management group Challenger, where he was Executive Director for M&A and Strategy.

Our CEO, Daniel Foggo, had this to say about the appointment: “We’re delighted with this high-calibre appointment. Andrew brings deep experience of Australia’s financial sector and a proven capacity to shape strategy to guide the growth of financial services businesses. His contribution will be critical as we deliver the benefits of P2P lending to Australian consumers.”

Challenger, Zurich Capital Markets, Qantas and Baker & McKenzie

Over 10 years at Challenger, Andrew led a number of projects focusing on disruptive innovation in financial services, gaining first-hand experience of the benefits that technological innovation can bring to both investors and consumers. He previously worked at Zurich Capital Markets, Qantas Airways and Baker & McKenzie.

As well as his senior executive roles, Andrew has served on boards including those of Challenger Management Services Limited (Challenger’s investment advisory firm), Challenger Mitsui Emerging Markets Infrastructure Fund, Gas Valpo, Future Fibre and Tritel.

Andrew said: “I’m very excited to be joining RateSetter at this time. Having worked in finance, I know there is a huge opportunity to offer Australian consumers a better and fairer way to fund a personal loan or invest their savings. RateSetter brings investors and borrowers together on a platform that effectively manages risk, has a solid track record and delivers real value to both investors and borrowers through better rates and excellent customer service. That is why the group is the number one P2P lending platform in the UK and I look forward to helping replicate that success in Australia.”

This information does not constitute financial advice and you should consider whether it is appropriate to your circumstances before you act in reliance on it. Any opinions, forecasts or recommendations reflect the judgement and assumptions of RateSetter as at the date of publication and may later change without notice.