FIIG’s John Cummins moves to SocietyOne

Former head of markets at FIIG Securities, John Cummins, has been appointed as chief investment officer of marketplace lending firm, SocietyOne.

Announcing the appointment this week, SocietyOne said the appointment reflected the critical importance of its investor funders to the company's future growth.

It said Cummins would have responsibility for all of SocietyOne's funding requirements to support demand from an expanding number of borrower customers and this would include building on SocietyOne's existing network of investor funders who included large financial institutions, mutual banks, credit unions, high net worth individuals and self-managed superannuation funds (SMSFs).

Related News:

It said Cummins would report directly to SocietyOne's chief executive and managing director, Jason Yetton.

SocietyOne announced last month it had reached the milestone of providing $200 million in total.

Related Content

Ironbark teams up with Sydney fund manager

Ironbark Asset Management has announced a strategic partnership with an Australian private fund manager, Denning Pryce.Ironbark's head of distribution...more

Disaster waiting to happen for SMSFs

The lack of education and professional requirements for self-managed superannuation fund (SMSF) trustees is a disaster waiting to happen, an industry ...more

Bennelong expands to New Zealand

Boutique fund manager, Bennelong Funds Management has expanded its distribution into New Zealand, enabling local advisers to invest in nine of its fun...more



Add new comment