Molo Finance appoints new CEO  

Digital mortgage lender, Molo Finance has appointed Matthew Kimber as Chief Executive Officer.

Kimber joined Molo last November as Chief Operating Officer and has over two decades of banking and finance experience.  Prior to that, he worked at CHL Mortgage for over eight years, leaving as Managing Director.  

Kimber has also worked in underwriting roles at Castle Trust and Lloyds Banking Group as well as holding other senior roles at other firms.  

Last October, Molo co-founder and Chief Executive Francesca Carlesi stepped away from the business she helped launch in 2018. This followed ColCap Financial, a leading Australian privately owned non-bank mortgage lender, taking an 80% shareholding in Molo last March after the two companies entered a strategic partnership in 2022.

Molo Chair Andrew Chepul said “We sought a Chief Executive who not only understands the intricacies of our industry but also embodies innovation and determination. The calibre of candidates in the recruitment process was impressive, and Matthew stood out among them. We believe his leadership will drive Molo in its next phase of growth, and maximise the company’s full potential.”