Harmoney earmarks new CEO for NZ, Australian growth

David Stevens spent time in New Zealand when he was overseeing the acquisistion of F&P Finance.
Neil Roberts (left) and David Stevens

Australasia’s largest marketplace lender is meeting a rapid pace of growth by ushering financial services leader David Stevens into the business from September 1, 2019. Stevens steps into the CEO role in early 2020, a transition that will free Harmoney’s founder and current CEO Neil Roberts to focus on strategy and product as the platform continues to innovate and lead across both markets. 

Brad Hagstrom, who has served as joint CEO alongside Roberts for several years will focus on supporting the growth of the platform in his new role of COO. 

Stevens enters the business as a highly experienced CEO and CFO; he most recently led a start-up, MiFund, a leading provider of medical payment options for patients in Australia. He was also instrumental in securing a 35% equity stake in MiFund by the Bank of Queensland. 

Before that, Stevens served as CFO and then managing director of FlexiGroup for almost a decade where he directed numerous M&A transactions and led large teams in the strategic growth of what was a small company to an $1 billion ASX 200-listed business. He managed the acquisition of Fisher & Paykel Finance and spent considerable time in New Zealand in the course of his work in the local side of the business.

Stevens says he can use his experience to add value to the business, particularly on the Australian side.

Stevens was also a senior manager at PricewaterhouseCoopers. He is a qualified chartered accountant with a degree in commerce from the University of Wollongong and a graduate diploma in applied finance from the Financial Services Institute of Australia.