Former NAB head named Mortgage Choice CEO

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Former NAB Broker head John Flavell is eager to go back to the mortgage industry after Mortgage Choice has named him replacement for chief executive Michael Russell effective 7 April.
 
“I want to do great work, and it’s about working in an industry you believe in, and what mortgage broking delivers to consumers is an incredible value. I also wanted to work with an organisation whose culture aligned with my own. I believe the approach Mortgage Choice takes to delivering value and building long-term relationships with consumers, as well as expanding their services to assist Australian families to meet not only their mortgage needs but the broad range of financial services needs is really wonderful,” he said.
 
He added that his experience at NAB Broker and his subsequent move to MLC Wealth will help him to add value at the helm of Mortgage Choice.
 
“I have experience on the broking side and on the lending side, and now also with running one of the country’s largest wealth advice businesses for the last two years… I think there’s a hell of a lot I can bring to the business,” Flavell said.

Flavell is not the only one excited with the appointment. Mortgage Choice chair Peter Ritchie said he was glad to have someone like Flavell in terms of depth of experience in the role.
 
“Armed with more than 20 years of experience in executive leadership positions and 15 years in financial services, John is set to bring a wealth of experience to the role. More specifically, John has significant management experience in the mortgage industry, having held the position of National Australia Bank’s general manager of third party distribution for five years until 2013,” Ritchie said.

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