Pepper Money appoints new Head of Mortgages

on Tuesday, July 13, 2021
Pepper Money's new Head of Mortgages

 

Pepper Money has today announced the appointment of Barry Saoud to the role of General Manager Mortgages and Commercial Lending.

Barry will join Pepper Money following more than 11 successful years at Aussie Home Loans where he held the roles of General Counsel and Head of Aussie Products, which included responsibility for sales, product, operations, finance and risk, as well as managing a $10 billion home loan portfolio and various insurance and consumer product portfolios.

Prior to joining Aussie, Barry held corporate counsel and company secretary roles with GE Capital, HSBC and Norton Rose Fulbright.

Pepper Money CEO Mario Rehayem said he was delighted to welcome Barry to the business:

“Barry is the right person to lead our mortgages and lending division and has extensive executive and senior management experience within the financial services industry.

 “He has a stellar reputation in the industry – and is well known to many within Pepper Money as a key partner in the establishment of the Pepper / Aussie white label program.

 “Barry brings a wealth of experience across a number of key areas that will assist with our growth aspirations, particularly in the areas of product innovation strategy and distribution. I very much look forward to working alongside him.”

Commenting on his appointment to the role, Barry Saoud said he was keen to get to work alongside the Pepper Money team and deliver on the company’s organic growth strategy:

“Pepper Money is a fantastic business with a rich history of helping underserved customers. I look forward to working alongside Mario and the whole Pepper team to further grow Pepper and leverage its unique customer offerings.”

Barry Saoud will commence in the role on Tuesday 20 July 2021.

“As we welcome Barry, we would also like to acknowledge Aaron Milburn’s significant contribution in leading the Mortgage and Commercial Lending business over the past four and half years, and we wish him well as he enjoys this next chapter with his family,” said Mario Rehayem.

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