Avanti names new boss

Avanti Finance has announced the appointment of Fred Ohlsson as its new group chief executive officer and he will take up the role from next month.

He is joining Avanti after spending nearly two years as managing director of investment and wealth management company, Amplifi Group. 

Ohlsson, pictured, has experience in senior leadership roles after 18 years working for ANZ, where he was managing director, retail and business banking, for its New Zealand operation from 2013 to 2016 and led the Australian division from 2016 to 2019.

His appointment comes after Mark Mountcastle retired in December after nearly nine years as Avanti’s chief executive.

Glenn Hawkins, Avanti Finance founder and chairman, says Ohlsson’s background in sales, strategy and leading an experienced team helped him stand out in the recruitment process.

“We were looking for someone who could bring our growth strategy to life and help us increase our market share on both sides of the Tasman,” explains Hawkins. 

“Fred is the person to do that. He’s held senior positions covering a broad range of functions at ANZ, including product, marketing, strategy, and retail and business banking.

“Fred’s experience, leadership style and passion for people and customers is another string to his bow that will allow him to continue to build Avanti over time.”

Ohlsson says he is excited about the opportunity with the finance company and is looking forward to getting started.

“I can’t wait to join the team and build on Avanti’s success,” he adds. “There are so many opportunities to grow Avanti and I will be working with the board to take us to that next level.”