Great Scott! Newpark has a new leader

Newpark has appointed an acting general manager following the sudden departure of Melanie Purdey.

Thursday, March 19th 2020, 12:52PM 1 Comment

Andrew Scott

Newpark head of home loans, Andrew Scott, has taken over the as acting general manager following the departure of former chief executive Purdey.

Scott says he is in the role for "the foreseeable future".

Founder and major shareholder Darren Gannon "is not in the office and has no plans to step back into the biz," he says.

Scott's main priority is to ensure that advisers in the group are getting prepared to get their transitional licence by 29 June. "The licence for the home loans company was granted on March 13, but given the length of time it took for the FMA to process I have concerns that not all Advisers will be set by the due date. The next step will be educational to keep them within the eight duties and obligations side lines as a newly minted FAP."

Tags: Darren Gannon Newpark