Ms Stedman comes from Pioneer Credit Ltd where she was chief operating officer and will help BNK as it plans to launch the brand to market next financial year.
In her new role, Ms Stedman will be responsible for planning, organising and controlling all day-to-day operations.
“I am thrilled to have the opportunity to be a part of BNK, particularly at this pivotal stage of the journey. I am excited by the challenges ahead and committed to playing an integral role in delivering exceptional results for the group,” she said.
BNK managing director Simon Lyons said that Ms Stedman was a proven performer and a passionate leader and he was excited to see her help BNK in its business.
“Lisa will pivot between strategy and execution and provide the leadership, management and vision necessary to ensure that the company has the proper operational controls, administrative and reporting procedures, people and systems in place to effectively grow,” he said.
Ms Stedman would be pivotal in helping to support the business as it continued to grow and move beyond its balance sheet.
“We currently have a balance sheet lending book exceeding $200 million, while the Better Choice Home Loans business is servicing a $2.3 billion book and our Finsure aggregation business has well in excess of 1,600 brokers servicing a $37-billion book, so we look forward to seeing where Lisa can help support our continued growth and success as we build a terrific banking business.”
