Peter Kearns

After a distinguished career spanning more than four decades in the banking and finance industry, Thinktank Property Finance’s General Manager Peter Kearns, a seasoned executive renowned for his defining character and many remarkable accomplishments across multiple organisations, has announced his retirement.

Throughout his career, Kearns demonstrated unparalleled expertise in property finance, evidencing the highest level of professionalism across credit, mortgage administration, product innovation, compliance and strategy. His contributions have been integral to the success of several esteemed financial institutions in Australia and none more so than at Thinktank.

Kearns forged a career path through his leadership in pivotal management roles at Dutch financier AMEV, AMP and Citibank, cumulatively leaving an enduring impact on the industry. Notably, his seventeen-year tenure at Thinktank stands out as a testament to his outstanding skills in commercial and residential lending, where his market insight and commercial risk management truly came to the fore.

Thinktank CEO, Jonathan Street remarked “Peter’s involvement with Thinktank from the very outset of our journey has been instrumental in steering us to where we are today. Looking back on our seventeen years working closely together, the business has far exceeded our original expectations and Peter has unquestionably been a cornerstone of what we have been able to achieve, leading to exceptionally strong portfolio performance through multiple cycles.

“We believe that our success as a non-bank lender is grounded in quality credit management. The fact that we have been able to organically grow our loan book to $5.4 billion while maintaining consistently high credit quality, is largely due to Peter’s unrelenting commitment to prudent lending standards and communicating a consistent, common sense view on credit risk appetite”.

Beyond his professional achievements, Peter Kearns has been widely regarded as a mentor to many in the industry. His unquestioned work ethic, integrity, and dedication to coaching and fostering a collaborative work culture have inspired those around him to pursue higher goals and register career success.

Street said “Trust and respect are two words that genuinely characterise Peter. These values have become a true reflection of our business and what we have been able to accomplish over many years. As he embarks on this new chapter in his life, we extend our sincere appreciation to Peter for his invaluable contribution to Thinktank as well as the banking and finance industry at large. His expertise, leadership and unwavering commitment to excellence will be greatly missed but his legacy will remain very much intact throughout our business.”

Reflecting on his retirement, Peter Kearns expressed his gratitude for his rewarding career in the banking and finance industry. He remarked, “My time in the industry has been an extraordinary experience. I am particularly proud of what we’ve been able to achieve together at Thinktank. It has truly been the most gratifying experience of my working life and I have formed many strong friendships throughout my time there. I look forward to this new phase of my life, and to continuing many valued relationships I have formed along the way.”

Kearns’s retirement marks the end of an era in the banking and finance sector, yet his impact and influence are sure to endure.

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