October 25, 2024
Non-bank appoints new head of product for asset finance #IndustryFinance

Non-bank appoints new head of product for asset finance #IndustryFinance

CashNews.co

Pepper Money has announced the appointment of Matt Perry as the new head of product for asset finance.

Perry brings over 25 years of experience in asset finance, product development, and business growth to his role. He will oversee the continued development of Pepper Money’s product offerings, ensuring the company remains at the forefront of innovation in the financial services sector.

Throughout his career, Perry has held senior leadership positions in the UK and Australia, with roles at institutions such as Westpac Group, Lloyds Banking Group, and Eric Insurance.

Most recently, he served as chief commercial officer at YouX Powered, where he was responsible for commercial strategy and partnerships. Prior to this, he played a key role in the start-up and expansion of Angle Auto Finance as head of strategic growth.

Ken Spellacy, general manager of asset finance at Pepper Money, said: “We are thrilled to welcome Matt Perry to the Pepper Money team.

“Matt’s extensive knowledge of auto finance, along with his strong relationships in the industry and innovative approach to product development, make him the perfect fit to lead our product division. His strategic thinking and deep understanding of market trends will help drive the continued success and growth of Pepper Money’s product offerings.”

Since its establishment in 2014, the Pepper Money Asset Finance business has been an industry trailblazer. As it approaches its 10th anniversary, Spellacy said that the business is more focused than ever on delivering an unparalleled end-to-end partner and customer experience.

“Customers, partners, and talent come to our Asset Finance business given our service levels, speed to yes, and ease of doing business. It’s the way we embrace innovation and set new experience standards in our industry. Our growth is fuelled by our technology investments, partnerships, broker and introducer presence, and our key focus on our Novated Lease business which has been increasing in popularity,” he said.

Perry said: “I’m thrilled to join the team at Pepper Money and be part of their continued success in market. I have long admired Pepper Money from the industry sidelines for their strong reputation and impressive track record in the asset finance industry. I look forward to working closely with the team to bring innovative and customer-centric products to market, ensuring we consistently meet the evolving needs of our clients and valued partners.”

Perry will drive product strategy and innovation at Pepper Money, focusing on delivering solutions that enhance customer experience and support the company’s growth objectives. His appointment marks a significant step forward for Pepper Money as it continues to strengthen its position in the asset finance industry.

[RELATED: Pepper Money expands Prime Alt Doc offering]

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