Money Quest Group Appoints Sean Reid As New Managing Director

Money Quest Group (MQG) is delighted to announce the appointment of its new Managing Director, Sean Reid, who will commence the role on the 2^nd of Decmeber 2024. 

Mr Reid has worked in financial services for more than 35 years, most recently as General Manager, Lender Relationships at LMG and has held senior positions at Choice Aggregation, GE Mortgages and Westpac Banking Corporation (Westpac).

With experience in retail banking, third party banking and mortgage aggregation, Mr Reid is well positioned to lead MQG into its next stage of growth and innovation.

“This is an exciting time to be joining MQG and I’m looking forward to building on the strong foundations that have been laid, particularly over the last nine years,” Mr Reid said.

“MQG’s ethics and approach to doing business are closely aligned with mine. We are both focussed on delivering excellent customer outcomes and understand the importance of having strong relationships with our brokers, lenders and suppliers. I have enormous respect for the MQG brand and the brokers operating within its franchise and aggregation businesses.”

“The business has experienced solid growth in recent years and I’m looking forward to further driving that growth and supporting the growth aspirations within our existing broker businesses.”

Ewen Stafford, LMG Executive Director and Chief Operating Officer said “We’re incredibly grateful for all that Sean has contributed to LMG and we’re thrilled he’s staying within extended family to lead MQG, a key Enterprise Partner. We know he’ll bring his trademark energy, insight, and genuine care for brokers to this chapter with MQG. Sean will always be part of us, and we look forward to supporting him on his journey with MQG.”

MQG’s outgoing Managing Director, Michael Russell, will remain on the board and continue to work on new strategic opportunities and further acquisitions.

“It’s been a privilege to have worked for the past nine years with such an amazing cohort of mortgage brokers and the support team at MQG. It’s now time for renewed leadership and in Sean, MQG brokers can look forward to a leader who has a wealth of industry experience and a desire to inject fresh ideas, growth opportunities and business innovation,” Mr Russell said.

“Not only is Sean an experienced banking and finance professional, but a person of great integrity who is extremely passionate about the value mortgage brokers provide to consumers. It’s an exciting time for our member businesses, brokers and staff as we welcome Sean to the MQG family,” Mr Russell said.

Please join us in congratulating Sean Reid on his appointment as Managing Director! We also extend our heartfelt congratulations to Michael Russell for his incredible achievements and outstanding leadership over the past nine years. As Michael passes the baton to Sean, we celebrate this exciting new chapter for MQG.

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