Bluestone gets a new NZ head

The face of Australian non-bank lender Bluestone in New Zealand, for both its forays into the market is leaving the business.

Peter Wood, who is managing director strategic partnerships has left the business after two decades with the non-bank lender.

Bluestone first entered the New Zealand market before the global financial crisis, then left the GFC hit. It returned to New Zealand several years ago.

In a statement, Bluestone acknowledged that Wood played a “pivotal role” in its re-entry into the New Zealand market, launching the Select Home Loan programme in 2019 with the New Zealand Financial Services Group.

“Peter’s legacy will be the strong relationships he built across financial services in New Zealand and Australia,” Bluestone said.

Bluestone chief customer officer James Angus  will add the strategic partnerships portfolio to his existing responsibilities, Bluestone said.

Angus “has an outstanding track record of leading highly successful sales teams and developing strategic distribution relationships,” the company says.

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