PEOPLE

SHARE LOSES ITS BOSS

The chief executive of SHARE and Newpark, Tony Dench, has resigned after five years in the role. No reason has been given for his departure. But in a statement, Dench said he had achieved his objectives at the network. “When I joined SHARE five years ago, the SHARE board asked me to grow the business and to prepare it for the upcoming licensing regime. “I believe that I can justifiably say that, together, we have achieved both of those goals. “The full FAP licences are in place for what is now three businesses, and SHARE has trebled in size on a number of measures during that time.” SHARE chairman Richard Thomas said the board “are genuinely sad to see him go.” It is not clear exactly what Dench will do now, but the statement from the company said he would continue his career in roles at director and executive level within the wider financial services sector. Dench will remain as CEO to help ease the transition to new management He will remain as a shareholder in the company.

MIKE PERO MORTGAGES HIRES MORE PEOPLE

Mike Pero Mortgages has been steadily increasing its team of advisers and one of the most recent to join the group is Jasmeet Grewal. Grewal was originally a nurse, but likes her current career and sees it as a chance to help customers achieve their financial goals. She is based in Auckland. James Annals has joined the team of mortgage advisers in Waikato. Annals stresses the personal approach in helping clients achieve their goals. Teresa Greenhill joined the Taranaki branch of Mike Pero earlier this year. Before becoming a mortgage adviser, she was a real estate agent for seven years. Vanesa Oliver is also new to the Mike Pero Auckland team. She has been working with a wide range of customers, from first home buyers to seasoned investors, as well as providing insurance solutions.

FIRST MORTGAGE TRUST MAKES TWO KEY APPOINTMENTS

Tauranga-based First Mortgage Trust (FMT) has made two key appointments to help expand its lending footprint. Gareth Brown has been appointed as the new head of treasury and has joined the non-bank lender's leadership team. Brown has a background in financial markets and financial risk in the banking and accountancy sectors. He has also run his own business providing advice on financial market and treasury matters as well as ESG concerns. FMT chief executive Paul Bendall says Brown will have responsibility for overseeing and implementing the treasury strategy and will also be involved in our technology project that will provide an improved client experience. Matthew Laing as wholesale investment manager. Previously he was head of wholesales at Kiwi Invest Bendall these appointments reflect FMT’s desire to expand its funding footprint on a national basis. First Mortgage Trust is constantly reviewing the New Zealand market to ensure it optimises investment returns. ✚