COSL appoints new Industry Director
The Board of the Credit Ombudsman Service Limited (COSL) is pleased to announce the appointment of Mr Matt Lawler as the new non-executive industry director of the company, effective 1 September 2014.
Mr Lawler is the Chief Executive Officer of the ASX-listed financial services firm, Yellow Brick Road ('YBR'), and has held that position since April 2011. Prior to joining YBR, Mr Lawler held executive roles in National Australia Bank and MLC.
Mr Mark Scanlon, COSL’s Chairman, congratulated Mr Lawler on his appointment and noted: “Mr Lawler is well known to industry and is exceptionally well-qualified for the role of COSL's new industry director due to his background in broker distribution channels and financial services generally”.
“Given finance brokers comprise a substantial portion of COSL's membership base, Mr Lawler's acknowledged experience in the finance broker space will contribute to the effectiveness of COSL's work in this area. I look forward to working with Mr Lawler in continuing to develop COSL as a leading external dispute resolution scheme”, Mr Scanlon said.
“I’m very much looking forward to working with the Board and management team at COSL. In my view, a healthy consumer-focussed industry can only promote a strong, accessible and robust consumer dispute resolution process,” said Mr Lawler.
“Mr Lawler replaces Ms Vicky Edema who will retire from the Board later this month. Ms Edema has been a non-executive director of COSL since 2005 and has ably represented COSL's finance broker and mortgage manager members over the years. My Board, staff and I are indebted to her for her considerable input into the development and continued growth of COSL in the last nine years” continued Mr Scanlon.