Fifo Capital has announced the appointment of Paul James (pictured above) as its new CEO.
James brings a wealth of experience from his previous senior roles at GE Capital, Latitude Financial Services, and most recently at Leda, where he focused on driving profitable growth and scaling lending operations.
Selwyn Schroeder, Fifo’s chair and head of corporate investments at Wingate, expressed his approval of the new leadership direction.
“We are delighted to welcome Paul as the new CEO of Fifo Capital,” Schroeder said. “Paul’s dedication to excellence and innovation make him the ideal leader to guide Fifo in this next phase, as we continue to roll out flexible working capital finance solutions to small businesses across Australia.”
See LinkedIn post here.
Upon his appointment, James shared his vision for the company's future.
“I am honoured to join Fifo Capital as CEO at an exciting juncture both for the company and the small business sector,” he said.
“With a renewed focus on innovation and growth, the team and I stand ready to support SMEs with flexible working capital finance solutions. We’re dedicated to enhancing cash flow management and simplifying access to funds, helping our customers optimise their businesses and growth.”
James succeeds Wayne Morris, who was instrumental in expanding Fifo Capital’s offerings in supply chain finance and the development of Fifopay, a technology platform aiding customers in managing cash flow and accessing working capital finance.
“We thank Wayne for his invaluable contributions to Fifo and are delighted that he continues to be a key member of the team, contributing to the company’s strategic growth initiatives and exploring new partnership opportunities,” Schroeder said.
Recently, Fifo Capital launched a new credit policy stream designed to better support “stronger businesses” across Australia. And in November, the SME lender introduced a broker accreditation program to enable brokers to better serve their clients.
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