FMM appoints new CEO

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First Mortgage Managers (FMM), manager of First Mortgage Trust (FMT), has announced Paul Bendall as the new chief executive officer.

Paul joined First Mortgage Trust in August 2020 as general manager and has more than 20 years’ experience in the property, banking and finance industries.

Michael Smith, chair of FMT says, “We are delighted to announce we have appointed Paul Bendall as our new CEO. Paul has spent the past 12 months working closely with the current CEO, Tony Kinzett, and the Board, and has a thorough understanding of the business and shares our vision and goals for the future of FMT.”

Paul Bendall says, “It’s a great honour and responsibility to take over the reins of the company, First Mortgage Trust is going from strength to strength. We have over $1 billion funds under management and we have recently surpassed $1 billion in loans for the first time. I’m truly excited to lead the business into the future.”

Paul will take over from long time CEO Tony Kinzett on the 3 September. “The Board members and I have enormous confidence in Paul, and I will be continuing to work closely with him over the next couple of months as I transition out of the company,” says Tony.

Tony has been CEO for 15 years and is retiring. 

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