Molo Finance appoints Kimber as CEO Mortgage Strategy

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Molo Finance has appointed Matthew Kimber as chief executive of the digital mortgage lender.  

Kimber joined Molo last November as chief operating officer and has over two decades of banking and finance experience.  

Prior to that, he worked at CHL Mortgage for over eight years, leaving as managing director.  

He has also worked in underwriting roles at Castle Trust and Lloyds Banking Group as well as holding other senior roles at other firms.  

Last October, Molo co-founder and chief executive Francesca Carlesi stepped down from the business she helped launch in 2018.  

This followed ColCap Financial, a leading Australian privately owned non-bank mortgage lender, taking an 80% shareholding in Molo last March after the two companies entered a strategic partnership in 2022.

Molo chair Andrew Chepul (pictured, right) says: “We sought a chief executive who not only understands the intricacies of our industry but also embodies innovation and determination.   

“The calibre of candidates in the recruitment process was impressive, and Matthew stood out among them.   

“We believe his leadership will drive Molo in its next phase of growth, and maximise the company’s full potential.”  

Kimber (pictured, left) adds: “The mortgage landscape is evolving rapidly, and Molo is at the forefront of that transformation.   

“I am eager to lead the Molo team in delivering excellent mortgage products for our customers, pushing boundaries, and solidifying Molo’s position as a pioneer in the industry.” 


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