Briefs: AOFM CEO appointed, Wisr secures new funding

John Kavanagh

  • South Australian deputy under treasurer Anna Hughes has been appointed chief executive of the Australian Office of Financial Management. She will move into the new role in January, replacing Rob Nicholl, who has been AOFM CEO since 2011. Hughes was previously chief executive of the South Australian Government Financing Authority. She also spent 12 years at S&P Global Ratings in a number of roles here and overseas.
  • Consumer lender Wisr has secured additional funding, reporting that it has executed an agreement for an institutionally-backed A$25 million debt facility with a July 2025 maturity. It has also received approval from a big bank for a new warehouse facility, supporting personal and vehicle loans. The company already has two warehouse facilities. Last month the company reported that it would limit its growth and cut costs in the face of rising funding costs.