Sydney - Metro Finance, one of Australia’s most popular non-bank auto and equipment finance providers, has announced the appointment of David Albest as its new Chief Executive Officer (CEO), as Metro Founder and previous CEO, Phillip Crossman, moves into the role of Executive Chairman within the business.
Before his announcement as CEO, David was Metro’s Chief Operations Officer and has been with the company for more than a decade.
Metro’s newly appointed Executive Chairman, Phillip Crossman, was pleased to see David stepping into the role of CEO at Metro – a company he founded in 2011.
“As I take on this new role within the company, I’m delighted to be passing the baton to David; someone I have worked with closely for over a decade, and someone with a wealth of experience both within the Metro business and in the wider finance sector,” Phillip said.
“I am certain David will continue to take Metro to new and exciting heights, and I’m looking forward to supporting David as CEO in my new capacity as Metro’s Executive Chairman.”
In his new role as Metro CEO, David brings over 25 years of asset finance experience to the business, including over 10 spent with Metro. As one of Metro’s first employees, David has been instrumental in growing the business from just three staff and is credited with helping to instill Metro’s customer-first, collaborative culture.
On his appointment as CEO, David was excited for what the future holds for the business, and paid tribute to Phillip.
“It’s an exciting time for the Metro business as we continue to innovate and offer new products to our customers. Certainly Phil leaves some huge shoes to fill, but I’m thrilled to be taking on this new opportunity with the company I have spent the last decade helping to build,” David said.
“I’d like to thank Phil, our staff and introducers for their continued passion, dedication and support. I’m looking forward to taking on this incredible opportunity and leading the Metro team into a new chapter.”
The Metro business continues to go from strength to strength, with a range of innovate, flexible products for consumers. Recently, Metro unveiled an Australian-first: its new MetroEco product, designed to make it easier and more affordable for small-medium businesses to invest in environmentally friendly assets, such as electric vehicles, farming equipment, solar panels and charging solutions.
Metro works with a national network of introducers to provide a range of customer-led financial solutions including commercial and personal finance and novated leasing.
ENDS
About us:
Established in 2011, Metro is an independent Australian non-bank lender specialising in auto and equipment finance for businesses, car finance for consumers, and novated leasing. Metro lends approximately $1.5-2 billion per year through an Australia-wide network of specialist brokers. Metro's primary goal is to offer customers excellent service, employ innovative technology, and offer competitive rates. In recognition of its performance, Metro received the Financier of the Year, Credit Team of the Year, and Settlement Team of the Year awards from CAFBA in 2022. Visit metrofin.com.au.
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PRIMAL Storytelling
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