Luke Jackson Appointed CEO of Arrow Finance

Highlights:

• New Leadership: Luke Jackson, former head of Resimac New Zealand, has been appointed as the new CEO of Arrow Finance, a provider of short-term non-regulated property loans.
• Strategic Growth: Jackson will focus on identifying growth opportunities, setting strategic direction, and driving Arrow Finance's expansion in the competitive property loan market.
• Market Challenges: Jackson highlights both the opportunities and challenges posed by current market conditions, emphasizing the critical role of non-bank finance providers in navigating economic headwinds.

New Leadership at Arrow Finance

Luke Jackson, the former head of Resimac in New Zealand, has been appointed as the new Chief Executive Officer of Arrow Finance, a New Zealand-based provider of short-term non-regulated property loans. Arrow Finance, incorporated in August 2022, has quickly established itself as a key player in the non-bank financial sector.

Strategic Vision and Market Growth

Starting his new role this week, Jackson will be responsible for identifying growth opportunities, setting the company’s strategic direction, and driving its expansion in the competitive property loan market. He expressed enthusiasm about leading the New Zealand-owned non-bank, citing the current market conditions as both an opportunity and a challenge.

"The present market offers significant opportunities for property transactions," Jackson noted. "However, debt-to-income restrictions and a slowing economy will pose challenges for many. Non-bank finance providers like Arrow Finance will play an increasingly critical role in the market."

Ambitious Goals for Arrow Finance

Arrow Finance founder Tim Yeoman highlighted the company's ambitious growth plans, emphasizing the importance of Jackson’s experience in achieving these objectives. "Luke’s extensive experience and strong market presence will enable us to accelerate our goals," Yeoman said.

With Jackson at the helm, Arrow Finance aims to solidify its position in the market and become a leading non-bank finance provider in New Zealand. The appointment marks a significant step in the company's journey as it seeks to expand its footprint in the property loan sector and meet the growing demand for non-regulated financial solutions.

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