visimoney
TLDR:
- Molo Finance has promoted Matthew Kimber to CEO, who has over two decades of banking and finance experience.
- Francesca Carlesi, co-founder and former CEO, stepped down last October after ColCap Financial acquired an 80% shareholding in Molo.
Molo Finance, a digital mortgage lender, has recently appointed Matthew Kimber as its chief executive. Kimber, who previously served as the chief operating officer at Molo, brings with him over twenty years of experience in banking and finance. Prior to joining Molo, he held senior roles at CHL Mortgage, Castle Trust, and Lloyds Banking Group. Kimber’s appointment comes after Francesca Carlesi, co-founder and former CEO of Molo, stepped down from her position last October. This move followed ColCap Financial’s acquisition of an 80% shareholding in Molo in March 2022, marking a strategic partnership between the two companies.
In response to Kimber’s appointment, Molo chair Andrew Chepul expressed confidence in Kimber’s ability to drive Molo towards its next phase of growth. Chepul highlighted Kimber’s understanding of the industry, innovation, and determination as key factors in his selection. Kimber, on the other hand, shared his excitement to lead the Molo team in delivering excellent mortgage products, pushing boundaries, and solidifying Molo’s position as an industry pioneer. With the mortgage landscape evolving rapidly, Kimber’s leadership is expected to guide Molo through this transformation and maximize the company’s potential.
Overall, Kimber’s promotion to CEO signifies a new chapter for Molo Finance as it aims to remain at the forefront of the evolving mortgage industry. With his extensive experience and strategic vision, Kimber is poised to lead Molo towards continued growth, innovation, and success in the digital lending market.
