Powered by MOMENTUM MEDIA

YBR appoints new chief executive

— 1 minute read

Former Macquarie Group executive Frank Ganis has been appointed as the new chief executive of Yellow Brick Road.

Frank Ganis

Mr Ganis co-founded Macquarie’s mortgages and securitisation business in the early 1990s and was instrumental in building the mortgage securitisation sector in Australia, YBR said in a statement.

Mr Ganis will play a key role in the finalisation and roll out of YBR’s own self-funding securitisation program, flagged as a key strategic objective by executive chairman Mark Bouris.

Advertisement
Advertisement

He will also be providing an over-arching discipline, coaching and mentorship to the YBR Group leadership team to bring about the key enhancements to the network infrastructure.

Further, YBR said Mr Ganis will serve to enhance the overall efficiency, quality and skill set of the leadership team, which will result in cost reduction, improve revenue and boost profitability.

Mr Bouris said he’s very excited to have Mr Ganis join YBR as CEO.

“We are both great believers in the unrivalled quality of our distribution network, great believers in building lower cost and more efficient structures, and of course we both share the same vision around launching our own securitised product,” he said.

“Frank identifies with the needs and requirements of the distribution network and this is something that will prove to be a real asset to us.

“He understands very well what the network wants, and he will be rolling up his sleeves to work with the franchisees and broker partners to give them what they need to be successful.”

 

YBR appoints new chief executive
Frank Ganis
ID logo
Eliot Hastie

Eliot Hastie

Eliot Hastie is a journalist at Momentum Media, writing primarily for its wealth and financial services platforms. 

Eliot joined the team in 2018 having previously written on Real Estate Business with Momentum Media as well.

Eliot graduated from the University of Westminster, UK with a Bachelor of Arts (Journalism).

You can email him on: [email protected]

related articles

promoted stories

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.