Former Pepper Group chief Patrick Tuttle has joined mortgage marketplace HashChing's board of directors.
Tuttle left Pepper in March 2017 after the company's board decided to consolidate the CEO role, which went to co-group CEO Michael Culhane.
Tuttle has more than 30 years of commercial experience and was divisional chief financial officer for a diverse range of businesses at Macquarie Bank before joining Pepper.
Pepper delivered record profit growth and succeeded in extensive geographical business expansion under Tuttle's leadership. He headed the company's $5.2bn acquisition of GE Capital's Australian & New Zealand Home Lending business, the largest acquisition of its kind by a privately owned Australian non-bank lender.
“I’d been at Pepper for a significant chunk of my professional career so it was initially a challenge to walk away from but since moving into my role with HashChing I can confidently say I am delighted to be a part of their journey," he said.
“Having led the Pepper Group during a period of rapid business expansion in both Australia and across a range of international markets, I believe there’s a lot of strategic value that I can bring to HashChing."
HashChing CEO Mandeep Sodhi said Tuttle’s knowledge of the industry, both domestically and internationally, would be invaluable in helping the company expand into other verticals and potentially overseas.
“Patrick’s leadership experience in the mortgage space will prove invaluable as HashChing embarks on a new period of growth and expansion. Having answered borrowers’ primary concerns our eyes are set on solving the issues customers don’t know they have and improving those which have unnecessarily been accepted as ‘just part of the process’,” said Sodhi.
HashChing has processed more than $15.6bn worth of home loan applications and built a broker network of over 690 vetted professionals.
