Household Capital appoints Ian Parkes as new CFO

Household Capital, a leading independent Australian retirement funding provider, has announced the appointment of Ian Parkes (pictured) as Chief Financial Officer.

Parkes replaces Paul Murray who had been with HHC for almost five years since the Series A financing. Parkes brings more than 25 years of financial leadership experience to Household Capital, including mortgage distribution and origination, accounting, audit, risk, compliance and securitisation.

Prior to joining Household Capital, Parkes held a number of senior finance roles covering mortgage distribution and non-bank lending, including CFO at Mortgage Choice Limited, CFO at Resimac Limited and CFO at Homeloans Limited.

He also brings extensive experience in Australian banking, credit and wealth from both Westpac and St George. He holds a Bachelor of Economics (U. Syd), MBA (Charles Sturt) and is a member of the Institute of Chartered Accountants of Australia and New Zealand.

“We are delighted to welcome Ian to the Household Capital team,” said Joshua Funder, founder and CEO of Household Capital.

“Ian brings extensive end-to-end mortgage and finance experience. His leadership will enable Household Capital to continue to lead the delivery of innovative offerings to help more senior Australians achieve a secure and comfortable retirement and have confidence in their future.”

“Household Capital is an exciting, values-based growth opportunity for me,” said Parkes.

“I’m looking forward to working with the team to further build Household Capital and further develop this significant new category to meet the financial needs of an ageing population.”