Briefs: Evers exits People's Choice, Robbiati leaves FlexiGroup, Resimac's new RMBS notes

Banking Day staff
  • Peter Evers will retire as chief executive of Adelaide-based People's Choice Credit Union from the end of September. He served as CEO for 27 years. Darlene Mattiske-Wood, executive general manager organisational development, will be acting chief executive while the search process to appoint a new chief executive is underway.

  • Standard & Poor's Ratings Services today assigned preliminary ratings to three classes of residential mortgage-backed securities, currently being marketed by non-bank home lender Resimac. The notes are to be issued by Perpetual, as trustee. S&P's preliminary ratings for the RESIMAC Premier Series 2015-1 are AAA (sf) for the Class A and Class AB notes, to raise A$450 million and $30 million respectively; the Class B1 notes, with an intended face value of $17.5 million have been assigned a preliminary rating of A+ (sf). The B2 notes, with $2.5 million to be issued, were not rated by S&P.

  • FlexiGroup's outgoing chief executive Tarek Robbiati has cut short his notice period and will leave the company on Friday. While the board continues its search for a replacement, chief financial officer David Stevens and chief operating officer Peter Lirantzis will lead the company. Robbiati announced his resignation in June, after two years in the job.