Article: Banker to take over as CEO; PYNE GOULD CORPORATION

Pyne Gould Corp has chosen experienced banker Jeff Greenslade as its new chief executive.

Greenslade says there are signs of increased demand for loans both from small businesses and in the first-home-buyer market.

He will also be CEO of PGC's Marac division which loans to the property, business and car sectors.

Greenslade will join the company on April 27, and take over from Brian Jolliffe, who has been chief executive of Marac for the past nine years and announced his exit in October.

Jolliffe yesterday said that since his last update to the market in February about conditions for making loans, Marac had been getting a greater share of the motor vehicle loans market.

While Marac was ...

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