Bluestone appoints BT man
Friday, May 13th 2005, 6:22AM
Clarke has had extensive experience in the financial and funds management marketplace during a career spanning more than 25 years, including group executive of Westpac's Australian Business & Consumer Bank, director of Lend Lease and chief executive of its subsidiary, MLC Limited, and chief executive of Lloyds Merchant Bank.
Bluestone founder and ceo Alistair Jeffery says that Clarke would further strengthen the company's development in the non-conforming and equity release markets and provide valuable support for Bluestone’s next phase of growth.
Clarke succeeds retiring chairman Evan Rees, who will become a non-executive director.
Bluestone provides specialist financial products to Australians and New Zealanders who fall outside the lending criteria of traditional lenders. It is expected to launch home equity release products soon.
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