SEQUAL appoints new chairman



Martin Lynch
The Senior Australians Equity Release Association of Lenders (SEQUAL), the association for equity release and reverse mortgages, has announced the appointment of Martin Lynch as its new chairman.
SEQUAL chief executive Kevin Conlon said Lynch was well suited to the role, as he steps up from his current role as SEQUAL’s deputy chairman.
“He has made a valuable contribution on the SEQUAL board and has considerable experience in the design and delivery of reverse mortgages both within Australia and overseas,” he said.
Martin Lynch is the current head of reverse mortgages at ABN AMRO, having joined the firm in April 2005 to establish its reverse mortgage product in Australia. In 2007 he also assisted in launching an AMB AMRO reverse mortgage product in Holland.
Prior to that, Lynch worked at financial services group AMP in Australia, Japan and the UK. He assisted in the development and marketing of the group’s reverse mortgage product in the UK.
Recommended for you
With the final tally for FY25 now confirmed, how many advisers left during the financial year and how does it compare to the previous year?
HUB24 has appointed Matt Willis from Vanguard as an executive general manager of platform growth to strengthen the platform’s relationships with industry stakeholders.
Investment manager Drummond Capital Partners has announced a raft of adviser-focused updates, including a practice growth division, relaunched manager research capabilities, and a passive model portfolio suite.
When it comes to M&A activity, the share of financial buyers such as private equity firms in Australia fell from 67 per cent to 12 per cent in the last financial year.