Firstfolio chief executive resigns


Specialist mortgage and financial services company Firstfolio has announced the resignation of chief executive and managing director Mark Forsyth.
Since joining the company in 2006, Forsyth has restructured the group's operations to support growth in the loan portfolio from $1 billion to more than $21 billion, Firstfolio stated.
Also under his leadership, the company completed a series of acquisitions, including online mortgage company eChoice as well as a joint venture with specialist financial products provider Evergreen Finance Company.
Firstfolio has appointed current executive director Mack Flack as acting CEO.
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