MLC exec appointed Mortgage Choice CEO


By Kristen Crawford

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Mortgage Choice has announced the appointment of John Flavell as its new chief executive, replacing Michael Russell.

Flavell is due to join the mortgage broker on 7 April 2015 from National Australia Bank’s MLC, where he has been wealth advice executive general manager since 2013.

Mortgage Choice chair Peter Ritchie said he was delighted to welcome a “man of such high esteem” to the company.

“Armed with more than 20 years’ experience in executive leadership positions and 15 years in financial services, John is set to bring a wealth of experience to the role,” Ritchie said.

“More specifically, John has significant management experience in the mortgage industry, having held the position of National Australia Bank’s general manager third-party distribution for five years until 2013.

“John’s broad financial services experience, incorporating lending, broking, third-party distribution and wealth management, means he is ideally placed to lead Mortgage Choice to continued success.”

He said the board was confident Flavell’s background combined with his experience in developing and managing businesses and people would help the company to deliver a strong performance across its existing operations as well as its emerging businesses.

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