CoreLogic has named its new head of financial services solutions for the Australasia region.
Eugene Vassiliev has taken the role at the data and analytics company, after spending 19 years at mortgage insurer Genworth.
His appointment has followed the promotion of the general manager of banking and finance solutions in Australasia, Milena Malev, to general manager of financial services and insurance, Australasia.
In his new position, Mr Vassiliev will be held responsible for all aspects of CoreLogic’s financial services solutions development, with a goal of growing its leadership footprint in Australia and New Zealand.
He noted lenders are operating in a “challenging environment”.
“The increase in hardship assistance and loss mitigation activities is putting upward pressure on expenses and loss provisions,” Mr Vassiliev said.
“Regulatory focus on data quality and security, risk management and climate change readiness has also been heightened. At the same time, there is an ongoing expectation of lenders to maintain and grow profitable lending portfolios.
“I look forward to being in a position to help our customers find much-needed efficiencies in their business through increased digitisation and automation, and explore future growth opportunities while keeping the regulators happy.”
Meanwhile CoreLogic has tasked Ms Malev with managing the CoreLogic climate risk proposition and hazard risk management solutions.
Ms Malev commented Mr Vassiliev’s appointment will help CoreLogic continue to help clients in the “new banking reality”.
Sarah Simpkins is a journalist at Momentum Media, reporting primarily on banking, financial services and wealth.
Prior to joining the team in 2018, Sarah worked in trade media and produced stories for a current affairs program on community radio.
You can contact her on [email protected].