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Last Article Uploaded: Sunday, November 28th, 11:59AM

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Avanti aims for experience in top roles

Avanti Finance has appointed two new faces to top roles within the organisation.

Friday, April 16th 2021, 9:59AM

by Matthew Martin

New Avanti Finance CFO Nish Sethi.

Chartered accountant Nish Sethi has taken up the role of chief financial officer (CFO) at Avanti, along with Mark Paul who will join the team in the newly created role of head of enterprise risk.

Sethi will also be on the executive team and joined the company in February after successful stints as CFO at Tip Top Ice Cream and almost five years at Fonterra.

"Financial services has always been core to my career so when the opportunity at Avanti first came up, I was very excited," says Sethi in a statement.

"The thing that attracted me to Avanti was a great leadership team, the ambition, the culture, and the values. All of these factors gave me comfort that I'd be joining the right organisation.”

Mark Paul (pictured below) comes to Avavti with more than 20 years of risk management experience at companies such as EY, KPMG, ASB, Heartland and Public Trust.

It is not his first time working with Avanti, having consulted with them for six months just a few years ago.

"I've worked with members of the Avanti leadership team before, both at Avanti itself and in their previous roles, so I knew that the vision they have for the company is a strong one," Paul says.

"I'm excited to join a business that's growing - that's maturing on a risk management level, and where risk management is recognised as being integral to our continued business growth and success."

Tags: Avanti recruitment

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Lender Flt 1yr 2yr 3yr
AIA 4.55 3.65 4.35 4.69
ANZ ▲4.79 ▲4.25 ▲4.95 ▲5.35
ANZ Blueprint to Build ▲2.03 - - -
ANZ Special - ▲3.65 ▲4.35 ▲4.75
ASB Back My Build 2.04 - - -
ASB Bank 4.45 3.65 4.35 4.69
Avanti Finance 4.55 - - -
Basecorp Finance 5.49 - - -
Bluestone 3.74 3.54 3.89 4.09
BNZ - Classic - ▲3.65 ▲4.35 ▲4.69
BNZ - Mortgage One 5.15 - - -
Lender Flt 1yr 2yr 3yr
BNZ - Rapid Repay ▲4.95 - - -
BNZ - Std, FlyBuys ▲4.95 ▲4.25 ▲4.95 ▲5.29
BNZ - TotalMoney ▲4.95 - - -
CFML Loans 5.15 - - -
China Construction Bank 4.49 4.70 4.80 4.95
China Construction Bank Special - 2.65 2.65 2.80
Credit Union Auckland 5.95 - - -
First Credit Union Special 5.85 3.59 4.09 -
Heartland Bank - Online 2.25 1.85 2.35 2.65
Heretaunga Building Society 5.25 4.00 4.60 -
HSBC Premier 4.49 2.19 2.45 2.69
Lender Flt 1yr 2yr 3yr
HSBC Premier LVR > 80% - - - -
HSBC Special - 2.25 - -
ICBC 4.15 ▲3.29 3.85 4.19
Kainga Ora 4.43 2.88 3.28 3.59
Kainga Ora - First Home Buyer Special - 2.25 - -
Kiwibank 4.05 4.34 5.00 5.34
Kiwibank - Offset 4.00 - - -
Kiwibank Special 4.05 3.49 4.15 4.49
Liberty 4.84 - - -
Nelson Building Society 4.95 3.99 4.59 -
Pepper Essential 4.79 - - -
Lender Flt 1yr 2yr 3yr
Resimac 3.39 3.54 3.89 4.09
SBS Bank 4.79 3.65 4.19 4.25
SBS Bank Special - 3.15 3.69 3.75
Select Home Loans 3.49 3.34 2.99 3.34
The Co-operative Bank - First Home Special - 3.29 - -
The Co-operative Bank - Owner Occ 4.55 3.49 4.15 4.49
The Co-operative Bank - Standard 4.55 3.99 4.65 4.99
TSB Bank 5.34 4.09 4.74 4.99
TSB Special 4.54 3.29 3.94 4.19
Unity 5.65 4.15 4.60 -
Wairarapa Building Society 4.99 3.55 3.89 -
Lender Flt 1yr 2yr 3yr
Westpac ▲5.09 4.25 4.95 5.29
Westpac - Offset ▲5.09 - - -
Westpac Special - 3.65 4.35 4.69
Median 4.67 3.59 4.27 4.49

Last updated: 26 November 2021 9:41am

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