Bennelong Funds Management and Mirvac Funds Management director, Vicki Allen, will succeed Peter Ritchie as chairman of Mortgage Choice from 1 July.
Allen’s impending elevation to the chair was confirmed to the Australian Securities Exchange (ASX), with Mortgage Choice stating it believed Allen would bring a wealth of experience to the role.
Ritchie announced his intention to retire at the company’s annual general meeting in October, last year.
Mortgage Choice chief executive, John Flavell welcomed Allen to the role and thanked Ritchie for his contribution to the firm.
“Peter joined Mortgage Choice in 2004, and throughout the years has helped the business transform from a mortgage broker to an ASX300, fully-fledged financial services company that has cemented itself as one of Australia’s most loved financial services brands,” he said.
